Daneen Bilodeau, Wire Fraud and Bank Fraud, Indiana 2024

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Rockford Woman Sentenced to 21 Months in Prison for Wire and Bank Fraud

SOUTH BEND, INDIANA – Yesterday, Daneen Bilodeau, a 50-year-old woman from Rockford, Illinois, was sentenced to 21 months in prison by United States District Court Judge Cristal C. Briscoe after pleading guilty to wire fraud and bank fraud, announced Acting United States Attorney M. Scott Proctor.

Bilodeau was sentenced to 21 months in prison followed by 2 years of supervised release and ordered to pay $426,611.53 in restitution to the victim of the offense.

According to documents in the case, between October 2015 through August 2019, Bilodeau devised a scheme to defraud and obtain money from her employer. She embezzled hundreds of thousands of dollars by withdrawing cash from the company account and making personal purchases on a company card.

This case was investigated by the Federal Bureau of Investigation, with assistance from the Elkhart Police Department. The case was prosecuted by Assistant United States Attorney Jerome W. McKeever.

Bilodeau’s scheme led to significant financial losses for her employer, and her sentence reflects the seriousness of the offense.

The case serves as a reminder of the importance of accountability in the workplace and the need for employers to implement robust internal controls to prevent similar schemes.

As a result of her sentence, Bilodeau will be required to pay restitution to her former employer, which will help to compensate for the financial losses suffered as a result of her actions.

The investigation and prosecution of this case demonstrate the commitment of law enforcement and the Department of Justice to holding individuals accountable for white-collar crimes.