LLANO — A Llano couple accused of bilking their hardware-company employer out of $300,000 worth of merchandise they sold on the Internet have accepted plea deals in the case, officials said.
According to prosecutors, the couple from 2004-2010 sold inventory from the Buttery Co. LLP and pocketed the money themselves.
The case was heard before 424th state District Judge Dan Mills on Aug. 30.
Mary Elizabeth Faircloth, 34, pleaded guilty to first-degree aggregated theft of property and accepted a 10-year prison term, according to court records.
Her husband Timothy Lewis Faircloth, 40, accepted a plea deal on the same charge and in exchange received 10 years probation, according to documents.
The plea deal also requires the couple to pay Buttery $5,000 in restitution and Travelers Casualty and Surety Co. of America $329,992.50.
According to a 2010 Llano County indictment, the duo had set up a scam where they took items from the Buttery inventory where they worked and sold them to unsuspecting individuals through an Internet marketing site.
Some of the items included hand tools, hardware, lawn-care items, livestock supplies, cameras, books, fishing and hunting gear, welding supplies and electrical supplies.
The grand jury initially indicted the couple on two other first-degree felonies — misapplication of fiduciary property and organized retail theft of merchandise.
The court dismissed those two indictments with both Faircloths pleading guilty to aggregated theft.
The Faircloths had faced up to 99 years in prison.