St. Louis, MO – Bryan G. Vonderahe, 45, of Kirkwood,
Missouri, was sentenced to 48 months in federal prison, and ordered to pay
approximately 3.8 Million Dollars in restitution to his former employer
following his conviction for wire fraud.
Vonderahe appeared in federal court today before U.S. District Judge
Ronnie L. White.
According to court documents, beginning during January 2012
and continuing through January 2019, Vonderahe schemed to defraud The Boyd
Group and its affiliated companies where he was employed as chief financial
officer and controller. After setting
himself up as a sham vendor, Vonderahe issued approximately 500 company checks
to himself during that period of time, totaling approximately 3.8 million
dollars, without the knowledge or authority of the company’s ownership. Vonderahe falsified internal company records and
issued false financial statements to the company’s outside auditors in order to
cover up and conceal his lengthy and substantial fraud scheme. Vonderahe used the stolen and embezzled funds
for his own personal use, unrelated to the legitimate business of the company,
including to pay for luxury automobiles; to pay for travel for himself and his
family to locations such as Florida, Colorado, and Nevada; to make payments on
his personal residential mortgage; and to pay for gambling and related
activities. The United States forfeited
several of Vonderahe’s luxury automobiles, including a Range Rover and a
Cadillac Escalade, as well as his personal residence at 1943 Windy Hill Road in
Kirkwood, Missouri.
The Federal Bureau of Investigation investigated this
case. Assistant U.S. Attorney Hal Goldsmith
handled the case for the U.S. Attorney’s Office.
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