North Texas Man Indicted for False Statements While Under Oath
TYLER, TX—U.S. Attorney John M. Bales announced today that a former executive has been indicted for making false declarations before court in a civil trade secrets case in the Eastern District of Texas.
Albert Davis, 54, formerly of Richardson, Texas, was arrested on Feb. 19, 2015 in Lewisville, Texas on a federal arrest warrant issued by the Eastern District of Texas and the Western District of Missouri. Davis was recently charged in Missouri for his role in a fraud scheme in which a Dallas-area hospital paid more than $1 million to purchase an MRI machine from Davis and co-conspirators who impersonated representatives of Kansas City-based Cerner Corporation. Davis will have a detention hearing on Feb. 25, 2015.
Davis was indicted on Feb. 19, 2015 in Tyler on three counts of false declaration before court. The indictment alleges that on May 5, 2014, Davis, while under oath as a witness in a case being tried before the U.S. District Court for the Eastern District of Texas entitled, LBDS Holding Company, LLC vs. ISOL Technology, Inc. et al., Docket No. 6:11-CV-428, knowingly made false material declarations.
If convicted, Davis faces up to five years in federal prison for each count.
The investigation leading to the charges was conducted by agents from the Federal Bureau of Investigation and the U.S. Attorney’s Office for the Western District of Missouri. Assistant U.S. Attorney Nathaniel C. Kummerfeld is prosecuting this case.
It is important to note that a grand jury indictment is not evidence of guilt.