A former employee of a Connecticut real estate management and development business has been sentenced to four years in prison for stealing more than $700,000 from the company.
Federal prosecutors say 50-year-old Debra Biagi, formerly of Greenwich, was also sentenced to three years of probation and ordered to repay all the money.
She pleaded guilty in August to wire fraud for stealing the money from the HB Nitkin Group from February 2014 until December 2015.
She was an assistant to the chairman of the company with responsibilities that included managing accounts payable.
Prosecutors say she created fraudulent invoices made out to fictitious companies for masonry, carpentry, electrical and plumbing work. She then used the victims’ checks to the fake companies and deposited the money into her personal bank account.
Topics Fraud Connecticut
Was this article valuable?
Here are more articles you may enjoy.
China Accuses US of Orchestrating $13 Billion Bitcoin Hack 
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth 
United Airlines Seeks to End Lawsuit Over Windowless ‘Window Seats’ 
Authorities in Miami Investigating Death of Passenger on Cruise Ship 
