Hixson Man Pleads Guilty To COVID-19 Fraud Case
Monday, May 24, 2021
David Michael Wright, Sr., 58, of Hixson on Monday pleaded guilty to a two-count information charging him with wire fraud and money laundering.
Sentencing has been set for Oct. 1 at 9 a.m., before Judge Travis McDonough at Chattanooga.
Earlier, Federal Magistrate Court Judge Susan K. Lee ordered that Wright be detained pending sentencing.
According to court documents filed by the United States, from April to September 2020, Wright devised a scheme to defraud and obtain money under fraudulent pretenses from at least one victim.
Wright and the victim began discussing investment opportunities involving the purchase and resale of Personal Protective Equipment (PPE) to hospitals and retailers in response to the COVID-19 pandemic.