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Former CEO of Defense Contractor, Wellco Enterprises, Inc., Sentenced to 41 Months in Federal Prison for "Made In The USA" Marketing and Contract Fraud

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On August 6, 2018, the former President and chief Executive Officer of Wellco Enterprises, Inc. (Wellco), and Tactical Holdings Operations, Inc. (Tactical Holdings), Vincent Lee Ferguson, 66, of Knoxville, Tennessee, was sentenced by the Honorable J. Ronnie Greer, U.S. District Judge, to serve 41 months in federal prison for his role in a wire fraud conspiracy.