Albert Strong, Embezzlement, North Carolina 2018
A North Carolina mechanic has been sentenced to 36 months in prison for embezzling approximately $1.4 million from his employer and filing a false tax return.
Albert Strong, 59, a resident of Union, South Carolina, was sentenced to prison by U.S. District Judge Robert J. Conrad, Jr. of the Western District of North Carolina.
Strong pleaded guilty on April 12, 2018, to one count of wire fraud and one count of filing a false tax return for tax year 2013.
According to the documents filed with the court, Strong worked as a machinist/mechanic for a company at its Charlotte, North Carolina location. From 2008 to 2015, Strong embezzled funds from the company using a fraudulent purchasing and billing scheme.
Strong created a purported parts vendor and then caused the company to order fictitious parts from the vendor. As part of the scheme, Strong created false invoices and submitted them to the company for payment. In all, Strong embezzled approximately $1,488,000 from the victim company.
Strong also failed to report the embezzled funds on his 2009 through 2015 tax returns, resulting in an approximate $450,000 tax loss.
In addition to the term of imprisonment imposed, Strong was ordered to serve two years of supervised release and to pay restitution in the amount of $1,941,377.32.
Principal Deputy Assistant Attorney General Richard E. Zuckerman and U.S. Attorney R. Andrew Murray commended special agents of IRS-Criminal Investigation, U.S. Postal Inspection Service, and U.S. Secret Service, who conducted the investigation, and Assistant U.S. Attorney Taylor Phillips and Trial Attorney Mara Strier of the Tax Division, who prosecuted this case.
Strong's sentence serves as a reminder that white-collar crimes will be vigorously prosecuted and punished.
Key Facts
- State: North Carolina
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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