Posted 6/16/2009 04:01 pm
Updated 11 months ago
A former vice president of USA Drug, his wife and her sister all pleaded not guilty Tuesday to more than 30 felony counts related to alleged embezzlement from the Pine Bluff drug retailer between 2005 and 2007.
Garret Sorensen of North Little Rock entered his plea to one count of conspiracy to commit mail fraud, 29 counts of mail fraud and two counts of money laundering. Katherine Sorensen and Shannon Walters pleaded not guilty to the same charges and to one additional charge of money laundering.
The three were indicted last month by a federal grand jury in Little Rock, which alleged that the Sorensens and Walters stole more than $525,000 from Garret Sorensen's employer through a scheme to overcharge for advertising services. All three are tentatively scheduled for trial starting July 28 before U.S. District Judge William R. Wilson Jr.
Garret Sorensen is being represented by Ted Boswell of Bryant. Katherine Sorensen's lawyers are Erin Cassinelli Couch and Jack Lassiter of Little Rock. Walters' defense counsel is Chuck Banks of Little Rock.