HARRISBURG, Pennsylvania – In a brazen scheme that left a victim reeling, Nancy Sipe, a 47-year-old woman from York County, has been sentenced to 30 months in prison for her role in a wire fraud scheme that netted her thousands of dollars in unauthorized withdrawals from her brother-in-law’s bank and retirement accounts.
According to court documents, Sipe, who was acting as power-of-attorney for her brother-in-law between August 2008 and February 2012, used the victim’s accounts to fund personal vacations, daily expenses, and shopping sprees for herself and her family. She also wrote out thousands of dollars in checks to herself, further depleting the victim’s accounts.
Although Sipe pleaded guilty to one count of wire fraud in October 2014, she tried to downplay her role in the scheme during a sentencing hearing, claiming that she was only responsible for $33,742.43 of the loss to the victim. However, Judge Yvette Kane found Sipe’s testimony to be not credible and sentenced her to the top of the appropriate Sentencing Guidelines range.
The case was investigated by the United States Secret Service and prosecuted by Assistant United States Attorney Daryl F. Bloom. Sipe will also be required to pay $83,467.78 in restitution to the victim of the fraud.
The sentence handed down to Sipe serves as a stark reminder of the consequences of committing financial crimes. As Assistant United States Attorney Daryl F. Bloom noted, ‘Nancy Sipe’s actions were a blatant disregard for the trust placed in her as power-of-attorney.’
The case is a prime example of the importance of holding individuals accountable for their actions, particularly when it comes to financial crimes. As a society, we must prioritize the protection of our financial well-being and take swift action against those who seek to exploit and deceive.
The United States Attorney’s Office for the Middle District of Pennsylvania is committed to holding individuals accountable for their actions and ensuring that justice is served. In this case, the sentence handed down to Sipe is a testament to their dedication to upholding the law and protecting the public.
Nancy Sipe, Wire Fraud, Pennsylvania 2015
Mandatory Facts:
Defendant/Respondent: Nancy Sipe
Exact Criminal Charges: Wire Fraud
City and State: Harrisburg, Pennsylvania
Exact Date: January 2014 (indictment), October 28, 2014 (guilty plea), [no date given for sentencing]
Sentence or Outcome: 30 months’ imprisonment, $83,467.78 in restitution
Dollar Amounts: $83,467.78 (restitution), $33,742.43 (Sipe’s claimed responsibility for loss)
Related Federal Cases
- Christopher Furman, Wire Fraud and Money Laundering, Pennsylvania 2024 · Pennsylvania
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- Christopher Furman, Wire Fraud and Money Laundering, Pennsylvania 2009 · California
- Irina Segal, Medicare Fraud, Pennsylvania 2023 · California
Key Facts
- State: Pennsylvania
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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