A Greenbrier man pleaded guilty Tuesday to a federal wire fraud charge, admitting that he stole $120,998.40 from Twin City Transportation while managing the company's mechanic shop from 2007-15.
U.S. District Judge Leon Holmes accepted the guilty plea from Charles Lynn Grady Jr., who will be sentenced at a later date. Grady will be required to make full restitution to the company and faces possible prison time and a possible fine.
According to a plea agreement read aloud in court, Grady began in 1999 working for the company, which transports goods across the country in tractor-trailer rigs. The company uses a tracking system called Comdata to electronically transfer funds from the company to cover on-the-road repairs at shops across the country.
Grady admitted that while managing the fleet's repairs, he used his access to the Comdata system and the authorization forms necessary to create a Comcheck to transfer money from the company into his personal bank account.
He also admitted then disguising the fraudulent transfers as legitimate payments for repairs to fictitious payees.
Metro on 05/31/2017
