Sooy begins serving sentence on fraud conviction

July 18, 2017 | By Dennis W. McCaslin | insidefortsmith.com

An Arkansas woman who owned a group of freight payment, logistics, and shipping businesses based in Branchburg has been sentenced to 50 months in prison for wire fraud and money laundering.

Shirley Sooy, 66, of Fort Smith, was sentenced Tuesday in Newark federal court, according to acting U.S. Attorney William E. Fitzpatrick.

In addition to the 50 months in prison U.S. District Court Judge William Walls also sentenced Sooy to two years of supervised release. She also was ordered to pay $1,185,404 in restitution.

In March 2016, Sooy pleaded guilty before Walls to one count of wire fraud and one count of transacting in criminal proceeds.

According to court documents and statement, between 2010 and April 2013, Sooy, through a collection of businesses operating under the umbrella of the "TransVantage Group," entered contracts with corporate clients

Schedule a Consultation

All of GMCO’s members, managers, and staff discover innovative solutions to direct your business toward success.