Former Employee Steals Nearly $200,000 from Employer: Heading to Prison for More than Two Years
A former employee of Crossroads Mobile Maintenance in Williamsburg, Iowa, who stole nearly $200,000 was sentenced today to more than two years in federal prison.
Jeremy Murphy, age 33, from Marion, Iowa, received the prison term after a June 16, 2015, guilty plea to one count of wire fraud.
In a plea agreement, Murphy admitted that while working for Crossroads Mobile Maintenance, he made fraudulent charges on a company credit from April 2013 through August 2014. Murphy further admitted that he had set up a fake company and then used his company credit card to make charges purporting to be in payment to that company for work performed for Crossroads. In fact, the payments eventually went into Murphy’s personal bank account. Over the course of the scheme, he made $195,375.27 in fraudulent charges on the company credit card.
Murphy was sentenced in Cedar Rapids by United States District Court Chief Judge Linda R. Reade. He was sentenced to twenty-seven months’ imprisonment. A special assessment of $100 was imposed and he was ordered to make $187,241.87 in restitution to Crossroads’ insurance companies. He must also serve a three-year term of supervised release after the prison term. There is no parole in the federal system.
Murphy was released on conditions previously set and is to surrender to the Bureau of Prisons on a date yet to be set.
The case was prosecuted by Assistant United States Attorney Anthony Morfitt and investigated by Williamsburg Police Department and the Federal Bureau of Investigation.
Court file information is available at https://ecf.iand.uscourts.gov. The case file number is 15-CR-00052.