United States Attorney John L. Ratcliffe
Eastern District of Texas
FOR IMMEDIATE RELEASE CONTACT: DAVILYN WALSTON
WEDNESDAY, OCTOBER 3, 2007 PUBLIC INFORMATION OFFICER
WWW.USDOJ.GOV/USAO/txe PHONE: (409) 839-2538
CELL: (409) 553-9881
PLANO MAN GUILTY OF $5 MILLION MAIL FRAUD SCAM
SHERMAN, TX – United States Attorney John L. Ratcliffe announced today that a 35-year-old Plano man has pleaded guilty to federal mail fraud charges in the Eastern District of Texas.
WILLIAM CHAD MERCER, also known as BRYSON MERCER, admitted to fraudulently obtaining over $5 million from his former-employer today before United States Magistrate Judge Don D. Bush.
According to information presented in court, beginning around March 2004 through November 2005, Mercer submitted false invoices to his employer representing that temporary employment services totaling $5,130,407.48 had been provided when they had not. A federal indictment was returned by the Grand Jury on May 10, 2007 charging Mercer with 10 counts of mail fraud. Mercer remained a fugitive until he was arrested in August 2007.
Mercer faces up to 20 years in federal prison at sentencing. A sentencing date has not been set at this time.
This case is being investigated by the Federal Bureau of Investigation. This case is being prosecuted by Assistant U.S. Attorney Terri L. Hagan.
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