A 34-year-old man pleaded guilty in federal court Friday to wire fraud and defrauding people out of $500,000 over a four-year period to fund his gambling habit by telling them he had a $20 million trust fund to which he did not yet have access, U.S. Attorney Walt Green said Monday.
Johnathan E. Williams, of Baton Rouge, admitted to U.S. Chief Judge Brian A. Jackson that he also told people he worked for a flooring company and that he needed money to place supply orders, Green said.
Sentencing is set for July 7.
When a Florida man began asking about repayment four months after he began sending money, Williams faxed a fake letter on an attorney’s letterhead that said he had a $20 million trust fund, Green said. The man continued sending him money, losing about $300,000.
Williams faces up to 20 years in prison, three years of supervised release, forced forfeiture of the money he fraudulently obtained and a fine of up to $250,000, Green said.