Gary Lee Gillion, 51, of Irmo, was convicted in U.S. District Court of conspiracy to commit mail fraud and four counts of mail fraud in connection with a scheme aimed at CitiCapital Trailer Leasing while he was the company’s Southeast regional manager.
Published June 21, 2011
Gary Lee Gillion, 51, of Irmo, was convicted Thursday in U.S. District Court of conspiracy to commit mail fraud and four counts of mail fraud in connection with a fraudulent business scheme he perpetrated while Southeast regional manager of a long-haul trailer leasing company.
U.S. District Judge Joseph F. Anderson Jr. presided over the three-day trial.
Gillion was the Southeast regional manager for CitiCapital Trailer Leasing, a Texas-based company that rented and sold long-haul trailers.
In 2003, Gillion started a competing company, Capital City Trailer, without giving up his employment with CitiCapital. Gillion diverted customers to Capital City, caused payments due to CitiCapital to be sent to Capital City and skimmed profits from sales and long-term leases for his own benefit, U.S. Attorney Bill Nettles said.
He forged sales documents and insurance forms to give the appearance of legitimacy to his fraudulent business, Nettles said, and was caught when CitiCapital was sold and the purchasing company audited CitiCapital’s books.
Testifying against Gillion at the trial was co-conspirator John Joseph DalCanton, 57, of Irving, Texas, a former officer of CitiCapital who already pleaded guilty to the same crime.
The maximum penalty Gillion can receive is a fine of $250,000 and imprisonment for 20 years on each of the mail fraud counts, and another fine of $250,000 and imprisonment for five years for the conspiracy count. Each count also requires a special assessment of $100.