PROVIDENCE, R.I. – Joseph F. Kilty, 53, of Wakefield, R.I., a former authorized dealer of a Sears Hometown and Outlet, Inc. store in Middletown, R.I., was sentenced today in U.S. District Court in Providence to 3 years of probation, the first six months to be served in home confinement, for defrauding Sears of more than $154,000.
At sentencing, U.S. District Court Chief Judge William E. Smith also ordered Kilty to perform 300 hours of community service and to pay restitution to Sears in the amount of $139,989. Sears previously withheld a commission check due to Kilty in the amount of $14,131. Kilty pleaded guilty on June 5, 2014, to one count of mail fraud.
At the time of his guilty plea, Kilty admitted to the court that between January 2012 through June 2013, he failed to deposit $154,120 in cash receipts into a bank account he was required by Sears to establish and into which all store receipts were to have been deposited. Kilty admitted that he deposited the receipts into other personal bank accounts which he controlled.
Kilty admitted to the court that as part of the scheme, he created false documents to make it appear that the deposits had been made, including 47 fraudulent deposit slips and several fake bank reconciliation forms.
Additionally, Kilty admitted to the court that he created two counterfeit bank checks in the amounts of $99,000 and $28,319.75 made payable to Sears Hometown and Outlet, Inc., and that he provided the checks to a Sears district manager.
The matter was investigated by the U.S. Postal Inspection Service and the FBI. The case was prosecuted by Assistant U.S. Attorney Lee H. Vilker.
The U.S. District Court in Providence handed down the sentence on June 5, 2014. Joseph F. Kilty, a former authorized dealer of a Sears Hometown and Outlet, Inc. store in Middletown, R.I., was sentenced to 3 years of probation, the first six months to be served in home confinement, for defrauding Sears of more than $154,000.
Defendant: Joseph F. Kilty
Criminal Charges: Mail Fraud
City and State: Providence, R.I.
Exact Date: June 5, 2014
Sentence: 3 years of probation, first six months to be served in home confinement
Dollar Amounts: $154,120 (amount defrauded), $139,989 (restitution), $14,131 (commission check withheld)
Related Federal Cases
- Ambulai R. Sheku, Conspiracy to Commit Mail Fraud, Theft of Government Funds, Computer Fraud, Rhode Island 2017 · Washington
- Rocco DeSimone, Mail Fraud and Money Laundering, Rhode Island 2011 · New Hampshire
- Dquintz Alexander, Wire Fraud Conspiracy, Rhode Island 2023 · New Hampshire
- Charles F. Denno, Wire Fraud, Rhode Island 2017 · Rhode Island
- Louis Marandola, Bank Fraud and Aggravated Identity Theft, Rhode Island 2017 · Rhode Island
Key Facts
- State: Rhode Island
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
ðŸâ€Â’ Get the grimiest stories delivered weekly. Subscribe free →
