Man defrauds local bank, son-in-law and local attorney - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

Man defrauds local bank, son-in-law and local attorney

Posted:

by Bruce Gietzen

WACO - A Texas man pled guilty in Federal Court in Waco Thursday to defrauding a local bank, two jet leasing companies and three men - including his son-in-law and a local attorney.

Court papers say Joshua Matthew Pierce opened a bank account at Extraco Bank in Waco last October, promising bank officials he would wire $10,000 into the new account.  He then withdrew $550 using a debit card and never completed the wire deposit as promised.

A month later, Pierce formed a partnership with two men in Robinson, Texas; Michael Carter and Pierce's son-in-law, Ken Lewis, telling them he owned a business in Kansas City.

The three decided to attempt to buy Aurora Aviation at the McGregor airport.  Pierce promised his new partners he would wire $150,000 into a new account to cover operating expenses, but then used his partners personal information to obtain fraudulent credit cards.

He proceeded to fraudulently purchase charter flights from two companies, Paradigm Jet Management of Muskegon, Michigan, and Jet Team, Inc. of Arizona for more than $30,000 using those credit cards.

Pierce initially denied committing fraud to Robinson PD detectives, and hired Waco attorney Guy Cox to represent him in court.  

According to court documents, Pierce then gave a phony letter of credit to police and then paid his legal fees to Cox with a fraudulent check.  In January, authorities say he confessed to the crimes.

Judge Walter Smith set a sentencing date of July 11th for Pierce.

 

  • Local NewsMore>>

  • West community gathers for healing walk through town

    West community gathers for healing walk through town

    Friday, April 18 2014 10:08 PM EDT2014-04-19 02:08:07 GMT
    The healing process continues in West and so the community comes together for a healing walk through town.More >>
    The healing process continues in West and so the community comes together for a healing walk through town.More >>
  • LACY LAKEVIEW

    Call center evacuated after gun threat

    Call center evacuated after gun threat

    Friday, April 18 2014 8:11 PM EDT2014-04-19 00:11:04 GMT
    A call center was evacuated late Friday afternoon after a threat regarding a man with a gun . Employees at the General Dynamics Information Technology Center, which takes calls for Obamacare, were evacuated. The call center is located at Loop 340 a couple blocks west of Interstate 35.An email sent by supervisors said employees arriving for work were being sent home. Others already inside were locked down, and then later sent home. Police got a tip call that a disgruntled employee, who was mad...More >>
    A call center was evacuated late Friday afternoon after a threat regarding a man with a gun . Employees at the General Dynamics Information Technology Center, which takes calls for Obamacare, were evacuated. The call center is located at Loop 340 a couple blocks west of Interstate 35.An email sent by supervisors said employees arriving for work were being sent home. Others already inside were locked down, and then later sent home. Police got a tip call that a disgruntled employee, who was mad...More >>
  • MCLENNAN COUNTY

    Man identified in deadly rollover accident

    Man identified in deadly rollover accident

    A man has died from a rollover accident that occurred Friday afternoon on I-35.More >>
    A man has died from a rollover accident that occurred Friday afternoon on I-35.More >>
Powered by WorldNow

News Channel 25 KXXV-TV
P.O. Box 2522
Waco, TX 76702

Phone Numbers:
Main: 254-754-2525
Tip Line: 254-757-2525

Links
Contact Us
KXXV Employment Opportunites
FCC Filings
Advertise on KXXV

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KXXV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.