Wednesday, June 1, 2011

Another Nonprofit Executive Caught in Fraud

After the former CEO of the National Center for the Employment of the Disabled, Robert Jones, was sentenced to jail for fraud in March, we now learn that The former office manager for Big Brothers Big Sisters of the Bluegrass in Lexington, KY has pleaded guilty to bank fraud.

According to the US Attorney’s Office, Bendrea Wilson cashed more than $430,000 after issuing 142 fraudulent checks between the years 2008 and 2009. In her guilt plea, she admitted to keeping most of the money and paying smaller amounts to those who cashed the checks.

Committing fraud doesn't come without a huge price, and Wilson will received a tough sentence.  She faces up to 30 years in prison, a fine of up to $1 million, and up to five years of supervised release. She was also ordered to make restitution, though none has been made as of this writing.

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