A Ringgold man was jailed late Monday for allegedly conspiring with another man to defraud a Rome company of over $200,000 over a 10-year period, reports stated.

According to Floyd County Jail records:

William Hunter Hackworth, 55, of 89 Lee Drive in Ringgold, is charged with felony theft by deception.

Rome police reports stated that another man, 44-year-old Mark Anthony Vaughn of Rome, “facilitated fraudulent payments to Hackworth.” The report said the activity has been going on for at least 10 years, and that the known amount of money that was fraudulently obtained was at least $268,000.

The report added that both men shared in the proceeds from the fraud.

Jail warrants stated that Hackworth set up and received fraudulent payments from Rome Electric Motor Works “for which no goods or services were received.”

Hackworth was released from jail Tuesday on $60,050 bail. Earlier this month, Vaughn was arrested on the same charges. He was later released on $7,350 bail.

Rome News Tribune