JACKSONVILLE, Fla. -- A man pleaded guilty on Wednesday to 16 counts of wire fraud and conspiracy to commit wire fraud for allegedly conspiring with a Hickory Foods employee to defraud Hickory Foods companies of $904,000.
David Allen Dinsbeer, 37, faces a maximum penalty of up to 20 years in prison on each count, according to a release from the office of United States Attorney A. Lee Bentley, III.
The alleged fraud took place between January 2011 and May 2012, according to court records. Working with a Hickory Foods employee, Dinsbeer "used phony suppliers to bill for supplies that were never delivered," the release detailed.
Hickory Foods is best known for its product "Bubba Burgers."
After issuing false invoices and depositing the checks into bank accounts of the phony suppliers, Dinsbeer would use the money for his own personal expenses.
Dinsbeer is currently out on bond, pending a sentencing hearing.