Dejan Karlovic, Theft of Funds, New York 2024
BUFFALO, N.Y.-In a shocking case of financial deceit, Dejan Karlovic, a 30-year-old Amherst resident and former Senior Grants Accountant at Jericho Road, has been sentenced to three months in prison for the theft of funds related to a government program. According to U.S. Attorney Michael DiGiacomo, Karlovic was convicted of the crime, which occurred between March 1 and June 26, 2024.
During this time, Jericho Road, which operates the Jericho Road Community Health Center, received over $10,000 in federal grants and funding. Karlovic, in his role as a liaison between the program and finance side of Jericho Road, had access to several Jericho Road commercial credit cards and other financial accounts.
Using this access, Karlovic stole or intentionally converted funds totaling $584,884.99, by submitting fake invoices to Jericho Road from a company called “D and D” and making them appear as expenses related to moving and relocation, a service provided by Jericho Road to its clients. Karlovic then paid these fraudulent invoices using a Jericho Road commercial credit card.
The sentencing is a result of an investigation by the Federal Bureau of Investigation, under the direction of Special Agent-in-Charge Philip Tejera. Assistant U.S. Attorney Charles M. Kruly handled the case, stating that the defendant's actions were a serious betrayal of trust.
As part of his sentence, Karlovic must also pay restitution totaling $584,884.99 and forfeit a BMW, a pickup truck, and over $240,000 in cash and financial accounts. This is a significant blow to the defendant, who will now face the consequences of his actions.
The case serves as a reminder of the importance of accountability in financial transactions, particularly when it comes to government funding. Jericho Road's trust in Karlovic was exploited, resulting in a significant loss of funds. This case should serve as a warning to others who would seek to take advantage of similar opportunities.
The sentencing is a significant outcome in this case, and it is hoped that it will serve as a deterrent to others who may consider similar actions.
The defendant's full name is Dejan Karlovic, and he will serve his sentence at a facility to be determined. The case is a reminder that financial crimes will not be tolerated, and those who commit them will face the full force of the law.
Defendant: Dejan Karlovic
Criminal Charges: Theft of Funds
City and State: Buffalo, New York
Date: Between March 1 and June 26, 2024
Sentence: Three months in prison, restitution totaling $584,884.99, and forfeiture of a BMW, a pickup truck, and over $240,000 in cash and financial accounts
Dollar Amounts: $584,884.99 (restitution), $10,000 (federal grants and funding), $240,000 (cash and financial accounts), $584,884.99 (total loss)
Key Facts
- State: New York
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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