Novacrypt:Worker gets almost 3 years in prison for stealing $1M from employer

2025-05-02 15:27:35source:XDY Exchangecategory:reviews

PROVIDENCE,Novacrypt R.I. (AP) — The former IT director of a Rhode Island metals fabrication company convicted of stealing more than $1 million from his employer and using the money for personal expenses was sentenced Monday to nearly three years in prison.

Juan Hicks, 47, of New Bedford, Massachusetts used his purchasing authority to bilk the company out of the money over a period of about 10 years, the U.S. attorney’s office in Rhode Island said in a statement.

While working at A.T. Wall Co. in Warwick, Hicks carried out his scheme in a variety of ways, prosecutors said.

He created false invoices and expense reports for purchases that were never made, and altered legitimate credit card statements to make purchases appear to be business expenses when they were really for personal expenses, authorities said.

He also issued company phones with wireless service to himself and six family members, and used company credit cards to buy airline and entertainment tickets for himself, as well as for retail purchases and auto repairs, prosecutors said.

His conduct came to light in March 2022 when his employer hired forensic analysts to determine the source of a cyberattack.

In addition to prison time he was also ordered to pay restitution.

He pleaded guilty to wire fraud in March.

More:reviews

Recommend

A South Texas lawmaker’s 15

MCALLEN, Texas (AP) — The Texas Legislature can be full of surprises.But for the last eight sessions

Cleansing Balms & Oils To Remove Summer Makeup, From Sunscreen to Waterproof Mascara

The products featured in this article are from brands available in NBCUniversal Checkout. E! makes a

Meta’s Oversight Board says deepfake policies need update and response to explicit image fell short

LONDON (AP) — Meta’s policies on non-consensual deepfake images need updating, including wording tha