Former CFO Of Revolution Pleads Guilty To Identity Theft And Wire Fraud

Avatar

Acting U.S. Attorney Stephen M. Schenning announced Friday the former Chief Financial Officer of Revolution pleaded guilty to aggravated identity theft and wire fraud.

Judge And JuryForty-seven-year-old Jay Edward Wilkins of Stoney Beach, Maryland diverted Revolution funds for his own person use starting in 2014. Wilkins had access to former and current employees of Baltimore-based Revolution, as CFO. Over a three-year period, Wilkins accessed the Revolution payroll account and changed multiple employees’ direct deposit information, which caused the “payroll company” to deposit approximately $700,000 in funds into an account he controlled, according to court documents.

Wilkins also failed to report some of the fraudulent monies on his tax returns for the 2014, 2015 and 2016 tax years.

The wire fraud charge carries a maximum 20-year prison sentence. The aggravated identity theft charge carries a 2-year prison sentence. Wilkins’ sentencing hearing is scheduled for January 23, 2018.

Total
0
Shares
Leave a Reply
Previous Post

Maryland Real Estate Flipper Gets 36-Month Prison Sentence For Failing To File Tax Returns

Next Post

Owner Of CityScope Productions Gets 30-Month Prison Sentence For Wire Fraud

Related Posts