David Allen Dinsbeer, Wire Fraud, Florida 2013

David Allen Dinsbeer, a 37-year-old Jacksonville man, has found himself in hot water after pleading guilty to 16 counts of conspiracy to commit wire fraud and wire fraud. The scheme, which spanned from January 2011 to May 2012, left the Hickory Foods group of companies, best known for Bubba Burgers, out approximately $904,000.

According to court records, Dinsbeer used phony supplier companies to bill for supplies that were never delivered. He then deposited checks, which were issued on false invoices, into bank accounts for the phony companies, which he controlled. An FBI forensic accountant determined that the companies had no legitimate business expenses and that Dinsbeer withdrew money from the accounts, using them to pay his personal expenses.

To facilitate the scheme, Dinsbeer conspired with an employee of Hickory Foods companies. The investigation revealed that the employee was in on the scam, helping Dinsbeer to carry out the wire fraud.

The case was investigated by the Federal Bureau of Investigation. It is being prosecuted by Assistant United States Attorney Dale Campion.

Dinsbeer was indicted on October 3, 2013, and is currently released on bond, pending a sentencing hearing. Each count carries a maximum penalty of up to 20 years in prison.

The Hickory Foods group of companies, which includes Bubba Burgers, were left reeling after the scheme was uncovered. The company’s losses total approximately $904,000.

The sentencing hearing for Dinsbeer has yet to be scheduled. He faces up to 20 years in prison for each of the 16 counts, totaling up to 320 years. The case serves as a reminder of the importance of vigilance in business dealings and the severity of the consequences for those who engage in wire fraud.

Related Federal Cases