North Texas Man Indicted for False Statements While Under Oath
Posted/updated on: February 22, 2015 at 6:36 am
TYLER — A former executive has been indicted by a federal grand jury in Tyler for making false declarations before court in a civil trade secrets case. Albert Davis, 54, formerly of Richardson, Texas, was arrested on Thursday 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 next Wednesday.
Davis was indicted on Thursday 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.
