A Texas man pleaded guilty to leading a multi-million dollar fraud that involved impersonating Kansas City-based Cerner Corp. in business and legal activities.
Federal prosecutors announced Monday that Albert Davis, of Richardson, Texas, pleaded guilty to participating in a conspiracy to commit wire fraud. More than 10 victims suffered total losses of $9.5 million in the scheme, which ran from August 2008 to February 2015.
Davis is the fifth defendant to plead guilty in the scheme.
Prosecutors say the conspirators created a fake Cerner business entity, a fake Cerner bank account, a fake Cerner Internet domain and leased virtual office space for a fake Cerner address in Kansas City. The also created fictitious employees and documents.
They used the fraud to turn business deals and several lawsuits in their favor.
