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Fraud Scheme Unfolds in Indiana County
A devastating $2.9 million fraud scheme has been brought to justice in Indiana County, Pennsylvania, with local resident Daniel Pikel, 57, being sentenced to 27 months in prison and three years of supervised release.
According to the court, Pikel conspired with another individual to launder funds embezzled by a former company officer from Falcon Drilling, LLC, a drilling contractor based in Indiana, Pennsylvania, between 2009 and 2012.
Funds totaling $2.9 million were laundered through Pikel’s business banking account, with the scheme coming to light after an investigation led by the United States Postal Inspection Service, the U.S. Internal Revenue Service – Criminal Investigation, and the Pennsylvania State Police in Indiana, Pennsylvania.
Prosecutor Gregory C. Melucci represented the government in the case.
United States District Judge Terrence F. McVerry imposed the sentence on Pikel.
As a result of this case, Pikel faces significant time behind bars for his role in the scheme, serving as a warning to those who engage in similar financial crimes.
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Key Facts
- State: Pennsylvania
- Category: Financial Crimes
- Source: DOJ Press Release â†â€â€
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