This week, it was announced that 46-year-old John Scott Jarrett of Summerville had been sentenced to prison for wire fraud and identity theft. Jarrett was sentenced to 60 months imprisonment and 3 years of supervised release. Evidence in the case showed that from 2012 through 2017 the defendant embezzled more than $810,000 from his employer. Jarrett worked as the financial controller of an audio and video consulting firm in Charleston.
To carry out the scheme, the defendant wrote $512,129 in checks from his employer’s company. The checks were made payable to his wife’s maiden name. To cover up the scheme, the defendant made the checks appear as payments to a vendor of his company. He used the signature stamp of his employer to forge the checks. The defendant also embezzled roughly $300,000 from his company to pay his American Express bills.
Jarrett also stole the identifying information of his employer and forged his signature to acquire fraudulent loans from various Internet lenders. Further details have been made available here.