UPDATE: 4 p.m.
The Bibb County School District's attorney, Tom Joyce with Jones Cork provided a statement about the case on behalf of the school district.
"The Bibb County School District is pleased to learn that justice was served when the jury returned a verdict of guilty on all counts charged in the indictment in the federal criminal trial against Isaac J. Culver, III and Progressive Consulting Technologies, Inc. The Bibb County School District takes seriously its obligation to protect the funds of Bibb County taxpayers meant for the benefit of the students of Bibb County."
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After 7 days of trial proceedings, jury deliberation finished Tuesday morning in the federal fraud case of Isaac Culver and his tech company, Progressive Consulting Technologies.
The jury found Culver guilty of conspiracy to commit wire and mail fraud, 10 counts of wire fraud, one count of mail fraud and conspiracy to launder.
Culver and his company defrauded the Bibb County School District out of $3.7 million dollars while giving them unusable technology in return.
Culver did this by using a third party company, CompTech, as a pass through for the purchase. He further disguised the sale as being done through the General Services Administration.
Culver’s crimes date back to 2012, when the school district hired him and PCTI as the technical project manager to upgrade their technology system.
Because of Culver’s actions, the school district ended up with nearly 15,000 unusable devices that are still sitting in a warehouse.
The case was investigated by the Federal Bureau of Investigation and Internal Revenue Service.
While the prosecution described the crime as a simple “fraud and cover-up,” defense attorneys John and Edward Garland argued Culver gave the school district exactly what they paid for.
The court is now awaiting sentencing from Judge Marc Treadwell.
Each of the charges against Culver and PCTI carry a maximum possible sentence of 20 years in prison, according to a press release from the United States Attorney's Office.
Conspiracy to launder carries a maximum fine of $500,00 dollars or twice the value of the property involved in the transaction--whichever is greater.
Each of the other charges carry a maximum possible fine of $250,000 dollars.
FAST FACTS: A breakdown of Isaac Culver's federal fraud trial
"The jury reached the correct verdict today," said Deputy Criminal Chief Danial Bennett with the U.S. Attorney's Office. "We are now shifting our focus to the co-defendant in the case, so we cannot comment further at this time. We are satisfied justice has been rendered to Culver and Progressive Consulting Technologies."
13WMAZ asked the defense for comment, but they declined.
Culver is released with a bond and will not be taken into custody on Tuesday.
Culver's co-defendant and business partner, Dave Carty, is awaiting trial.