A former employee of the Yale School of Medicine has stolen more than $ 40 million

One leg ‘out a scammer, they’re gon’ scheme. A former employee of the Yale School of Medicine has pleaded guilty to stealing more than 40 40 million from the School of Medicine, NBC News reports.

Lithia Springs, Georgia’s Jamie Petron pleaded guilty to “a count of wire fraud and a count of filing a false tax return Monday in Hartford federal court in the case” in a federal press release.

The 42-year-old is accused of buying and reselling electronics worth a total of $ 40,504,200 and sending them to out-of-state businesses. The funds will then be sent to Majiv Entertainment LLC, “where, according to prosecutors, Petron is a major.” Petron is said to have used the funds to buy “real estate, travel and expensive cars”.

The director of finance and administration began his career at Yale in 2008. It is believed that he started scamming in 2013. According to the document, “he ordered or ordered other employees, from vendors using millions of dollars worth of electronic hardware, such as Microsoft Surface Pro tablets and iPads, from Yale Med Fund. Sold, ā€¯prosecutors said.

The funds will then be sent to Majiv Entertainment LLC, “where, according to prosecutors, Petron is a major.”

Because of his position with the school, he did not need approval to buy anything over $ 10,000. He will also break down purchases to warn school officials. Petron will falsify internal documents and list the purchase as a medical school item.

Petron “failed to pay taxes on money from stolen equipment, causing more than $ 6 million in losses to the U.S. Treasury,” prosecutors said.

As part of the replacement, he confiscated more than $ 560,000, six luxury cars and three properties.

“Microsoft. Petron has acknowledged responsibility for his actions and regrets,” Petron’s attorney, Frank J. Riccio II, told NBC News on Wednesday morning.

He is currently out on bail and will be sentenced on June 29


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