Georgia Man Sentenced on Wire Fraud Charge
ROCHESTER, NY—U.S. Attorney William J. Hochul, Jr. announced today that George Eric Brumfield, 48, of Atlanta, Georgia, who was convicted of conspiring to commit wire fraud, was sentenced to six months in prison to be followed by six months of home detention by U.S. District Judge Frank P. Geraci. The defendant was also ordered to pay restitution of approximately $190,000.
Assistant U.S. Attorney John J. Field, who handled the case, stated that Brumfield worked for Kenneth Griffin in Rochester at Cambridge Personnel in 2007 and 2008. While working there, the defendant agreed to participate in a scheme to defraud factoring companies. Factoring is a transaction in which a financing company agrees to purchase the accounts receivable of another company, in this case Cambridge Personnel. The fraud involved the sale of fake accounts receivable, and Brumfield agreed to participate in the fraud by having third parties that he knew “verify” the validity of the fake accounts receivable.
Kenneth Griffin, the owner of Cambridge Personnel and leader of the fraud, was previously sentenced to 46 months for his role in the matter.
The sentencing is the culmination of an investigation on the part of Special Agents of the Internal Revenue Service, Criminal Investigation Division, under the direction of Acting Special Agent in Charge Shantelle Kitchen, and the Federal Bureau of Investigation.