Written by Your 5News Team
Created on May 13, 2013 @ 3:31PM
CLARKSBURG, W.Va. (AP) - An Elkins man faces up to 20 years in prison after pleading guilty to wire fraud.
U.S. Attorney William J. Ihlenfeld II says 33-year-old Richard Maurice Haddix fraudulently obtained more than $102,000 while working as a broker for a transportation management firm. Haddix created 230 fictitious cash advances which caused the money to be deposited into his personal bank account.
Under a plea agreement, Haddix will pay $102,260 in restitution to the victims. He also faces a $250,000 fine.
Haddix pleaded guilty earlier this month in U.S. District Court in Clarksburg.
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