Last week, it was announced that 47-year-old Edward Wilkins of Stoney Beach, Maryland had been sentenced to 54 months in prison. Wilkins will also serve three years of supervised release. The defendant was sentenced for wire fraud and aggravated identity theft related to a scheme to defraud his employer of more than $700,000. The plea agreement explains that Wilkins served as the Chief Financial Office of Revolution, which is based out of Baltimore.
From 2014 through 2017, the defendant improperly diverted corporate funds for his own personal use. As CFO, the defendant had access to personal identifying information, including names, address, and social security numbers of current and former Revolution employees. Over a period of three years, Wilkins logged into the Revolution payroll portal and changed the direct deposit information for multiple employees to send fraudulent payments to himself.
In total, Wilkins diverted more than $700,000 in corporate funds using the identities of at least three former employees. Also, Wilkins failed to report a portion of the money on his 2014, 2015 and 2015 annual tax returns. Again, Edward Wilkins has been sentenced to 54 months in prison. Additional details have been made available here.