A Bryan man who was found guilty of arranging bogus sales of $250,000 worth wooden pallets will be sentenced this afternoon in Williams County Court. 36 year old Gene Ferrell faces up to 35 years in prison when he stands before Judge J.T. Stelzer this afternoon at 2 p.m. in the Williams County courthouse. Ferrell pleaded guilty last month to a list of charges, including 16 counts of grand theft, one count of petty theft and one count of money laundering, after investigators proved that between April 2009 and December 2011, Ferrell ran a scam, brokering sales of wooden pallets to companies throughout the U.S. with no intention of paying for them. The allegations, according to the Bryan Times, came from an FBI investigation that started after several trucking companies and pallet manufacturers filed complaints. Ferrell was also arrested in a separate case on drug trafficking charges.
He is scheduled for an initial appearance on that charge during today’s proceedings too.