Government Services Firm Executive Pleads Guilty to Fraud

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A former executive of a Fairfax County defense contractor recently plead guilty to employment tax fraud and theft from an employee benefit plan. As described in a Department of Justice press release (, the executive failed to remit over $1 million withheld from employee paychecks for employment taxes and retirement plan contributions. According to the press release, approximately $500,000 of the funds were instead spent on a suite at FedEx Field.

Unfortunately, occupational fraud committed at the executive level is not uncommon. In fact, the Association of Certified Fraud Examiners (ACFE) indicates that approximately 19% of the fraud cases documented …read more

Read more here: Technology

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