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Former Manager Sentenced to Prison for Defrauding Employer of $600,000
EAST ST. LOUIS, Ill. – In a shocking case of corporate betrayal, Timothy P. Mayer, 42, of Waterloo, Ill., was sentenced to serve 18 months in federal prison for defrauding his former employer, Jung Truck Service, of Mascoutah, Ill., out of more than $600,000.
Mayer, who was the manager of Jung Truck’s East St. Louis location, pled guilty to the fraud scheme in federal court in East St. Louis on May 4, 2021. When he pled guilty, Mayer admitted that beginning in July 2019, he started charging expensive tires to Jung Truck’s accounts at a local tire supplier. Mayer then sold the tires on the side and pocketed the cash.
The value of the tires that Mayer fraudulently charged to Jung Truck exceeded $590,000. Mayer also stole tires and brakes from Jung Truck’s inventory and sold those items on the side. In total, Mayer caused Jung Truck to sustain a loss of more than $620,000. The scheme lasted until Mayer was caught in May 2020.
In addition to the prison sentence, the court ordered Mayer to serve a period of 3 years of supervised release following his prison sentence. The court further ordered Mayer to pay $624,807.63 in restitution to Jung Truck.
The case was investigated by agents from the Federal Bureau of Investigation, Springfield Division, Fairview Heights Resident Agency. The case was prosecuted by Assistant United States Attorney Scott A. Verseman.
Defendant: Timothy P. Mayer, 42, of Waterloo, Ill.
Crime: Defrauding Employer
City and State: East St. Louis, Illinois
Exact Date: May 4, 2021
Sentence or Outcome: 18 months in federal prison, 3 years of supervised release, $624,807.63 in restitution
Key Facts
- State: Illinois
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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