Last year, a man from Texas, named as Everett Williams, was arrested and charged for several counts of wire fraud, money laundering, and mail fraud because of the mortgage fraud scheme that he executed in year 2003. This year, the court has finally come up with a decision to this case.

According to the indictment, Williams made fraudulent representations and statements to his victim whom he assisted in purchasing commercial and residential properties in Texas. These fraudulent representations and statements caused the victim to send him $400,000 for the purchases but he allegedly used the money for other purposes without the victim’s consent.

Everett Williams was acquitted for all these charges but…