Candace Rispoli, Wire Fraud, Connecticut 2023

Candace Rispoli, 31, of Stamford, Connecticut, is at the center of a high-stakes embezzlement scheme that has left investigators stunned. According to a recent indictment, Rispoli, a former employee of Lodestone Management Consultants, now known as Infosys Consulting, is facing one count of wire fraud.

The indictment alleges that from January 2012 until June 2016, Rispoli used her position to wrongfully charge personal expenses to the company's American Express card. Additionally, she transferred funds from the company's American Express card to PayPal and Venmo accounts controlled by Rispoli and her then-boyfriend, Michael Miano.

As part of the scheme, Rispoli allegedly stole at least $800,000. To conceal her actions, she altered the company's American Express account statements and created false billing summaries, which she emailed to the company's accounting firm.

Rispoli appeared before U.S. Magistrate Judge Sarah A. L. Merriam in New Haven and was released on a $100,000 bond. Miano, 31, of Branford, has already pleaded guilty to one count of conspiracy to commit wire fraud and is also out on a $100,000 bond pending sentencing.

The investigation is being conducted by the Federal Bureau of Investigation, with Assistant U.S. Attorneys Heather Cherry and Jonathan Francis handling the case. If convicted, Rispoli faces a maximum term of imprisonment of 20 years.

U.S. Attorney Durham noted that an indictment is not evidence of guilt and that charges are only allegations, with each defendant presumed innocent until proven guilty beyond a reasonable doubt.

The case serves as a stark reminder of the importance of accountability and the consequences of embezzlement. As the investigation unfolds, one thing is clear: Candace Rispoli's actions have far-reaching consequences, and she will face the full weight of the law if convicted.

The indictment is a significant development in the case, and it will be interesting to see how it unfolds. One thing is certain, however: the people of Connecticut deserve to know the truth about this embezzlement scheme and the individuals involved.

Source: https://www.justice.gov/usao-ct/pr/stamford-woman-charged-fraud-offense-stemming-embezzlement-scheme