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Man Pleads Guilty to Defrauding Sign Manufacturer of $330,000

He faces up to 32 years in prison for a string of crimes.

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A man who defrauded a sign manufacturer of about $330,000 pleaded guilty to charges of wire fraud, identity theft and money laundering in an Illinois court on Monday, the NBC 17 WAND-TV news station reports.

According to the article, 43-year-old Jeffery Henson used a stolen identity to get a job in the person’s name as comptroller of Watchfire Signs (Danville, IL). He then caused the company’s legitimate tax liability payments to be routed into a fraudulent bank account. Watchfire learned of the scheme when Henson’s identity-theft victim contacted the company.

Henson has been in the custody of the U.S. Marshals Service since being arrested in November of 2019. On Monday, he pleaded guilty to a string of charges that carry up to a combined 32 years in prison. He is scheduled to be sentenced on Feb. 7, 2022.

Read more at WAND-TV.

Signs of the Times has been the world leader in sign information since 1906. Contact Signs of the Times' editors at [email protected].

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