Mo. trucking firm owners convicted of $924K fraud
Thursday, August 16, 2012
SPRINGFIELD, Mo. (AP) — The owners of a southwest Missouri trucking company have been convicted in a conspiracy that defrauded boat maker Tracker Marine of at least $924,000.
A federal judge on Wednesday found James Keith Ivey and his wife, Melinda Kay Ivey, guilty on numerous counts including fraud and money laundering.
The Iveys owned J&M Trucking, in Lebanon, Mo. The company made deliveries for Springfield-based Tracker Marine, which sells boats and trailers throughout North America.
Prosecutors say Tracker employee Paul Ray Hunting worked with the Iveys to submit hundreds of inflated invoices to the company by adding 158 miles to each delivery. The couple and Hunting shared the proceeds of the fraud, with Hunting receiving nearly $266,000 over three years.
Hunting now lives in California. He pleaded guilty to the scheme earlier.
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