LITTLE ROCK — A former executive with a Russellville communications company pleaded guilty Tuesday to defrauding his former employer.
Blaine Francis Houser, 52, of Dover, former senior vice president of Icon Communications, pleaded guilty in U.S. District Court in Little Rock to mail fraud, according to a release from Chris Thyer, U.S. attorney for the Eastern District of Arkansas.
Houser will be sentenced at a later date.
Thyer said that in September 2012, Houser opened a commercial credit application in the name of Icon Communications with Blue Tarp Financial of Portland, Maine, then ordered tools from Northern Tool & Equipment Co. and had the invoice sent to the Russellville office of Icon Communications but had the tools shipped to his house in Dover. The company paid for the tools when the invoice arrived.
Other instances of mail fraud by Houser followed, Thyer said. He said Houser has agreed as part of a plea deal to pay $255,607 in restitution to Icon.
Mail fraud carries a maximum sentence of 20 years in prison and a $250,000 fine.