River Ridge Man Sentenced for Fraud in Security System Contracts
U.S. Attorney Kenneth A. Polite announced that WAYNE WILLIAMS, age 38, of River Ridge, was sentenced today after previously pleading guilty to two counts of wire fraud.
U.S. District Judge Jay C. Zainey sentenced WILLIAMS to 24 months in prison, followed by 3 years of supervised release. WILLIAMS was also ordered to pay $502,353.99 in restitution to victims of his crimes.
According to court records, WILLIAMS was responsible for selling security systems and services, and also for negotiating and signing customer contracts on behalf of ADT Security and Protection One. WILLIAMS was compensated by his employers through commissions received on contracts he negotiated.
WILLIAMS forged a customer’s signature on a $466,046.18 ADT Security equipment and installation services contract. Without ADT Security’s knowledge, WILLIAMS secretly executed a separate contract with the customer in which only $109,148.93 was charged. The defendant received approximately $73,576.72 in commissions from ADT Security as a result of the fraudulent contract.
With regard to Protection One, WILLIAMS forged a purported customer’s signature on an $80,240.48 Protection One equipment and installation services contract. The defendant received approximately $2,353.99 in commissions from Protection One as a result of this fraudulent contract.
U.S. Attorney Polite praised the work of the Special Agents of the Federal Bureau of Investigation in investigating this matter. Assistant United States Attorney G. Dall Kammer was in charge of the prosecution.