W.Va. – A former branch manager for heavy equipment distributor Cecil
I. Walker Machinery Company ("Walker Machinery")
faces up to 20 years in prison after pleading guilty yesterday in
connection with a scheme that bilked a total of more than $90,000 in
rental fees from the company, announced United States Attorney Booth
Goodwin. Mark Randall Trump, of Cool Ridge, Raleigh
County, W.Va., pleaded guilty to wire fraud before United States
District Judge Irene C. Berger in Beckley.
2009 and continuing up until his dismissal from Walker Machinery in
April 2012, Trump, 43, a branch manager at Walker Express,
the company's full-line rental service store based in Crab Orchard,
W.Va., began offering certain customers special rates for equipment
rentals without the company's authorization. An investigation revealed
that during the scheme, Trump was paid directly, often
by cash or personal check, by certain customers for numerous equipment
rentals. Trump later deposited the fraudulent payments into his
personal checking account. To conceal the scheme from Walker Machinery,
Trump entered the customer data into the company's
system and printed a matching rental agreement form. However, upon the
return of the equipment, Trump made entries into the company's records
indicating that the rental had been canceled, deleted from the computer
system, or not invoiced at all. Trump also
failed to process the receiving paperwork through Walker Machinery's
service department, as required for all company rental transactions.
In total, Trump took approximately $90,000 in rental fees owed to the company for his personal use. As a result of the fraud,
the company incurred a loss of approximately $367,000.
Trump is scheduled to be sentenced on April 17, 2014.
The investigation was conducted by the West Virginia State Police and the FBI.
Assistant United States Attorney Blaire Malkin is in charge of the prosecution.
case is being prosecuted as part of the United States Attorney's Office
for the Southern
District of West Virginia's Business Protection Initiative. U.S.
Attorney Booth Goodwin announced the Business Protection Initiative in
November 2010. Business protection is a primary initiative of the U.S.
Attorney's Office that focuses on prosecuting individuals
who defraud West Virginia businesses.