The U.S. attorney's office said a plea bargain was struck today in a mail fraud case against Garret Sorensen, who'd been accused of defrauding his former employer, USA Drug, of more than $500,000 when he was vice president of marketing. He pleaded guilty to one count of mail fraud and one count of money laundering, the U.S. attorney's office said. Other charges against him were dropped, as well as charges against his wife, Katherine Sorensen, and her sister, Shannon Walters.
He'll be sentenced later. The sentence could be up to 20 years.
When the charges were filed, the government described a scheme in which the defendants participated in a company that took a fee off direct mail advertising generated by USA Drug.
The news release from the government today says the Sorensens used much of the money for personal expenses — a boat, a Jeep, a Suburban and a Rolex watch.
A jury trial had been scheduled this week. The case generated a lot of attention because of a separate civil case against Sorensen by owners of USA Drug. This case spawned a complaint by Sorensen's attorney about his mistreatment by plaintiff's attorneys, a complaint that ultimately produced sanctions by a federal judge against both the plaintiff's lawyer and the U.S. attorney's office.