Executive Indicted for $32M Fraud Scheme
Source: By BEN GREENE, Associated Press, 08.09.07
A federal grand jury indicted a corporate executive who allegedly ran a scheme to make $32 million in false purchases of computer equipment, spending the money instead on beach real estate and private jet travel, prosecutors said Thursday.
........ At a news conference, U.S. Attorney Rod J. Rosenstein called it one of the largest monetary theft cases ever prosecuted in Maryland.
.......... Fabian's alleged scheme defrauded his employer, Reston, Va.-based government consulting company Maximus Inc.; an equipment leasing company called Solarcom, in Norcross, Ga., and financial institutions, according to prosecutors and the indictment.