Colorado Man Sentenced to Seven Years in Prison on Charges Related to Stealing Verizon Telecommunications Equipment
TULSA, OK—A Colorado man was sentenced today by United States District Judge John E. Dowdell to serve 84 months in prison and three years of supervised release for charges related to stealing and selling millions of dollars’ worth of Verizon Communications telecommunications equipment, announced Danny C. Williams Sr., United States Attorney for the Northern District of Oklahoma.
On August 13, 2014, Jesse Michael Greenwald, 59, of Colorado, pleaded guilty to conspiring to commit money laundering. Other defendants charged in the same Indictment were Scott Gollan, 26, and Michael Greenwald, 25, both of Bastrop, Texas, and James Pennoyer, 49, of Tulsa. Michael Greenwald, Gollan, and Pennoyer have also pleaded guilty to charges arising from the thefts from Verizon and are awaiting sentencing.
According to court documents filed in the case, from July 2009 to May 2014, Pennoyer was a contract employee at the Verizon Communications warehouse in Tulsa, and aided the other defendants in stealing telecommunications equipment from the warehouse. The defendants transported the stolen equipment to Colorado Springs, Colorado, and stored it in a facility to be sold at a later date. Much of the equipment was sold to a company in North Carolina, which made substantial payments to Greenwald and his co-conspirators. The conspirators, including Greenwald, then used the funds to engage in illegal monetary transactions of more than $10,000 each.
In addition to the prison sentence, United States District Judge Dowdell ordered Jesse Greenwald to pay restitution in the amount of $4,419,125.
The case was investigated by the Federal Bureau of Investigation and the IRS-Criminal Investigation. The case was prosecuted by Assistant United States Attorneys Jeffrey A. Gallant and Kevin C. Leitch on behalf of the United States.