Potomac, Maryland Man Sentenced for Wire Fraud
|U.S. Attorney’s Office February 02, 2012|
OXFORD, MS—Felicia C. Adams, United States Attorney for the Northern District of Mississippi, and Daniel McMullen, Special Agent in Charge of the Federal Bureau of Investigation (FBI) in Mississippi, announce that:
Sanjeet “Sonny” Veen, 47, of Potomac, Maryland, was sentenced today by United States Senior District Judge Glen H. Davidson in Oxford, following his guilty plea last year to a charge of wire fraud. Judge Davidson ordered Veen to serve 40 months in prison, followed by three years’ supervised release. He was also ordered to pay restitution in the amount of $6,890,000 to Cambridge Trading, in care of Dunlap & Kyle Company, Inc.
At his plea hearing, Veen admitted to taking orders from Dunlap & Kyle for tires from foreign manufacturers, submitting deceptive invoices for tires never received, and receiving payment for said tires.
“Left unchecked, corporate fraud threatens our economy, workforce, and consumers,” stated Daniel McMullen, Special Agent in Charge of the FBI in Mississippi. “The sentence of Sanjeet Veen is the result of the persistence and dedication of the agents, analysts, and prosecutors who worked on this complex case, and I applaud their efforts.”
This case was investigated by the Federal Bureau of Investigation and was prosecuted by Assistant United States Attorney Charlie Spillers.