Michael Parry, Wire Fraud and Money Laundering, Maryland 2024

Greenbelt, Maryland – In a shocking turn of events, Michael Parry, 59, of Windermere, Florida, has been sentenced to four years in prison for his role in a massive wire fraud and money laundering scheme. The total loss to American Registry of Pathology (ARP) was a staggering $2,199,504.09.

According to the plea agreement, Parry was hired by ARP in 1998 as its director of operations and was promoted to executive director in 2014. However, his trusted position was used for personal gain, as he directed the payment of money from an ARP account to an International Registry of Pathology (IRP) account by wire transfers.

Parry falsely described the wire transfers as related to medical studies, research grants, or other activities normally funded by ARP. He also fabricated documents, including falsified invoices, emails, and wire transfer documents, to cover up his tracks.

The scheme, which ran from February 17, 2010, to April 21, 2014, was uncovered, and Parry was brought to justice. He has paid restitution in full, but the damage has already been done.

United States Attorney Rod J. Rosenstein commended the FBI and Army CID for their work in the investigation. Mr. Rosenstein thanked Assistant U.S. Attorneys Joseph R. Baldwin and David L. Salem, who prosecuted the case.

Parry’s sentence serves as a reminder that no one is above the law, and those who engage in white-collar crimes will be held accountable for their actions.

In a statement, the U.S. Attorney’s Office said, ‘This sentence demonstrates our commitment to protecting the integrity of non-profit organizations and holding accountable those who seek to exploit them for personal gain.’

Michael Parry, 59, of Windermere, Florida, was sentenced to four years in prison, followed by two years of supervised release and 150 hours of community service, for wire fraud and money laundering. The sentence was announced on February 17, 2024.

The case is a reminder that the FBI and Army CID will continue to work tirelessly to protect the public and bring perpetrators to justice.

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