Man Who Stole $36M From Delta Sentenced To 10 Years, Must Hand Over Yacht, Mansion
The scheme worked like this. The airline staffer was a supervisor of Northwest’s Minneapolis-based communications group and then later with Delta when it acquired Northwest. In this position, he was able to sign off on certain invoices submitted to him.
So a partner in California created a bogus company, Airborne Voice and Data, which invoiced Northwest and Delta for services it never provided. Over the course of 14 years, this added up to around $36 million.
With that money, the scammer was able to buy himself a mansion in Beverly Hills and a 72-foot yacht, all of which must now be forfeited as part of his promise to repay the $36 million.
On Sept. 15, the employee involved in the scam entered a guilty plea on charges of conspiracy to commit mail fraud. He is scheduled to be sentenced on Jan. 23.
Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.