Flathead Valley Construction Company Owner Admits Wire Fraud Scheme | USAO-MT
MISSOULA – Flathead Valley construction business owner accused in scheme to defraud clients by spending money intended for projects for unrelated business and personal expenses today admitted to a crime of wire fraud said U.S. Attorney Leif M. Johnson.
Craig Mark Draper, 55, of Las Vegas, Nevada, pleaded guilty to one count of wire fraud. Draper faces a maximum of 20 years in prison, a fine of $ 250,000 and three years of supervised release.
According to a plea agreement filed in the case, the parties agree that at sentencing, if the court accepts the agreement, the government will seek the dismissal of nine other counts of wire fraud and fraud. two counts of money laundering as charged in an indictment. In addition, the return is compulsory. The government plans to seek restitution of at least $ 436,986, but the final amount will be determined by the court.
US District Judge Donald W. Molloy presided. Judge Molloy set the sentence for April 14, 2022. Draper has been released pending further prosecution.
The government alleged in court documents that in 2017 Draper moved to the Flathead Valley and formed a construction company called ADI Builders. Draper began bidding on a variety of jobs, including building pole barns, stores, and home renovations. In several cases, Draper provided invoices to clients for specific expenses associated with their projects. In the wire fraud charge to which Draper pleaded guilty, he sent a customer an invoice for $ 59,002, which included $ 8,000 in siding charges. The client wired Draper $ 59,002. The customer never received coating from Draper and ultimately paid the seller directly for the coating included in Draper’s invoice. Draper used some of the money transferred for personal expenses unrelated to the client’s project, including paying an Iowa company for trophies for race winners, paying for an outfitter in Utah, by withdrawing money and paying the Salish and Kootenai tribes $ 9,500 to rent their racetrack.
Assistant US Attorney Timothy J. Racicot is continuing the case, which has been investigated by the FBI.