GREENEVILLE, Tenn. — A Greeneville man has been sentenced to 27 months in federal prison for embezzling nearly $350,000 from his former employer, a large construction company in Johnson City, TN.
Judge Clifton L. Corker handed down the sentence to Jack D. Vicars, 49, currently of Bluff City, TN, on December 15, 2022, in the United States District Court for the Eastern District of Tennessee at Greeneville.
Vicars, who was a project manager and later vice president at the construction company, began embezzling funds in 2016 and continued until February 2021. He submitted fraudulent invoices from his own company, which he then used to pay for personal expenses, including his personal credit cards.
According to court documents, Vicars stole a total of $344,650 from his employer. He also filed a false tax return in 2019, in which he failed to disclose the money he had stolen, resulting in an understated income and an unpaid tax liability of $33,699.14.
Vicars agreed to plead guilty to one count of wire fraud and one count of subscribing a false tax return as part of a plea agreement filed with the court. He will be on supervised release for three years following his imprisonment and must pay restitution totaling $344,650 on account of his theft and $33,699.44 on account of unpaid taxes.
The prosecution was the result of an investigation by the Federal Bureau of Investigation and the Internal Revenue Service, Criminal Investigation. FBI Special Agent Reanna O’Hare and IRS CI Special Agent Jimmy Cline led the investigation.
Assistant United States Attorney Mac D. Heavener represented the United States in the case.
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Key Facts
- State: Tennessee
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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