A corporate controller who stole more than $19 million from the information technology firm that employed him has been sentenced to 6 1/2 years in prison.
Forty-eight-year-old Jon Frank of Nokesville, Virginia, pleaded guilty to wire fraud earlier this year.
He admitted stealing $19.4 million over a 10-year period from his company, Reston, Va.-based NCI Inc. The company, which provided IT services to a variety of government clients, was subsequently sold for $283 million.
The sentence was 18 months longer than the five-year term requested by Frank’s lawyers at Friday’s sentencing hearing in Alexandria, Va.
Federal prosecutors say he spent the money on real estate, including a beach house in North Carolina, and high-end automobiles including Porsches, McLarens, BMWs, Range Rovers, a Ferrari and an Aston Martin.
Topics Virginia
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