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Press Release

NORTH CAROLINA MAN INDICTED FOR EXTORTING A ST. LOUIS CORPORATION

For Immediate Release
U.S. Attorney's Office, Eastern District of Missouri

St. Louis, MO –Gregory Clark, 54, of Chapel Hill, North Carolina, was indicted by a federal grand jury today on one count of Interstate Extortion; one count of Interstate Activity in Aid of Racketeering; and one count of Interference with Commerce by Means of Extortion.

According to the Indictment, Clark was employed by a St. Louis company.  Following Clark’s termination, he sent an email to his former employer saying that he had stolen the company’s confidential business information and threatening to divulge that information to the company’s business associates unless the company either rehired him or paid him $200,000 not to release the information.

If convicted, the defendant faces a maximum penalty of 20 years in prison and a $250,000 fine.  In determining the actual sentences, a judge is required to consider the U.S. Sentencing Guidelines, which provide recommended sentencing ranges.

The Federal Bureau of Investigation is investigating this case. 

Charges set forth in the Indictment are merely accusations and do not constitute proof of guilt.  Every defendant is presumed to be innocent unless and until proven guilty. 

Updated March 12, 2020

Topic
Financial Fraud