Jeffrey Gasior, Bank Fraud, Indiana 2023

INDIANAPOLIS – A Carmel man was sentenced to two years in federal prison for bank fraud offenses related to his work at an advertising and public relations agency based in Indianapolis. Jeffrey Gasior, 39, was handed down the sentence by U.S. District Judge Sarah Evans Barker on [no date mentioned].

According to court documents, Gasior was hired as the Vice President of Digital at the company. He had access to the company’s credit cards to purchase media on behalf of clients and to request reimbursement for expenses. Between October 2018 and August 2019, Gasior devised and executed a complex scheme to steal money from the company by receiving payments that he was not entitled to.

Gasior created false invoices and expense reports and redirected payments to purported vendors to his personal bank account. As a result of the false and fraudulent representations and documentation, Gasior diverted over $736,000 of the company’s funds to himself and others.

“Local businesses are the backbone of our communities and our economy,” said U.S. Attorney Zachary A. Myers. “To satisfy his own greed, Mr. Gasior exploited the trust placed in him and his expertise by the victim company. His criminal conduct showed no regard for the company or its reputation.”

Gasior was also ordered to pay $736,221.06 in restitution and will be supervised by the U.S. Probation Office for 30 months following his release from prison, including 12 months of home detention.

The United States Secret Service and the Indiana State Police investigated the case. U.S. Attorney Myers thanked Assistant U.S. Attorney MaryAnn T. Mindrum who prosecuted this case.

The case is a stark reminder of the importance of corporate accountability and the need for businesses to have robust internal controls in place to prevent such schemes from occurring.

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