Hillsville Man sentenced on bank fraud, tax charges


Morgan to serve six months, pay $284,796 in restitution

Staff Report



File photo Robert Donald Morgan III, 44, of Hillsville, was sentenced Tuesday in the United States District Court for the Western District of Virginia in Abingdon to six months imprisonment and ordered to pay $284,796 in restitution for bank fraud and tax evasion charges.


A Hillsville man has been sentenced to serve six months in prison and ordered to pay $284,796 in restitution on charges of bank fraud and tax evasion charges.

According to United States Attorney John P. Fishwick Jr., Robert Donald Morgan III, 44, of Hillsville was sentenced March 29 in the United States District Court for the Western District of Virginia in Abingdon. Morgan previously pled guilty to one count of bank fraud and one count of conspiracy to willfully fail to pay taxes.

“This defendant betrayed his duties as a bookkeeper and accountant for his own personal gain,” Fishwick said. “I am grateful to the agents and investigators who worked hard to bring this defendant to justice.”

At the time charges were filed against Morgan in April of 2015, an article from The Associated Press stated that an affidavit filed by a U.S. Secret Service agent claimed Morgan stole more than $66,000 from Andrews Farming Inc., which is located in the Carroll County Industrial Park in Hillsville.

“Today’s sentencing serves as a reminder that committing fraud is inexcusable and IRS-CI is committed to working with the United States Attorney’s Office to bring culpable individuals to justice,” said Thomas Jankowski, Special Agent in Charge, IRS Criminal Investigation, Washington D.C. Field Office.

A press release issued March 30 gave more details of the case against Morgan, although it did not specify Andrews Farming Inc. or other companies, simply referring to “Company A.” The remainder of the press release is as follows:

“According to evidence presented at previous hearings by Assistant United States Attorney Jennifer R. Bockhorst, between April 2013 and March 2015, Morgan executed a scheme to defraud Grayson National Bank through a series of false representations. Morgan has admitted that while working as a bookkeeper and accountant for Company A, he fraudulently caused checks to be deposited into his own personal bank account without authority. In all, Morgan fraudulently obtained $66,776,” the press release states. “In addition, Morgan, and others, at Company A, devised and executed a scheme in which a portion of some employees’ salaries would be in cash and therefore lessening the payroll tax burden owed by Company A.”

The investigation of the case was conducted by agents of the Internal Revenue Service, the United States Secret Service, and the Virginia State Police. Assistant United States Attorney Jennifer R. Bockhorst prosecuted the case for the United States.

File photo Robert Donald Morgan III, 44, of Hillsville, was sentenced Tuesday in the United States District Court for the Western District of Virginia in Abingdon to six months imprisonment and ordered to pay $284,796 in restitution for bank fraud and tax evasion charges.
http://thecarrollnews.com/wp-content/uploads/2016/03/web1_Morgan.jpgFile photo Robert Donald Morgan III, 44, of Hillsville, was sentenced Tuesday in the United States District Court for the Western District of Virginia in Abingdon to six months imprisonment and ordered to pay $284,796 in restitution for bank fraud and tax evasion charges.
Morgan to serve six months, pay $284,796 in restitution

Staff Report

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