Former QVC Employee Pleads Guilty To Stealing $1.5M From The Shopping Channel

Image courtesy of Graham C99

A man who used to work as a lighting designer for QVC treated himself to a bit of a shopping spree on the company’s dime, pleading guilty to stealing about $1.5 million from his former employers.

According to prosecutors, between 2006 and 2013 the Pennsylvania man submitted hundreds of fake invoices from companies that he owned to the TV and online retailer, and used his ill-gotten gains to buy multiple vacation homes and jewelry, as well as paying for $83,000 in restaurant bills, and memberships to golf and yacht clubs, among other things, reports The Allentown Morning Call.

In his role of lighting designer, he was responsible for purchasing, monitoring, and repairing QVC’s lighting equipment. He allegedly used that position to bill the shopping network for products and services that it never received.

Two of his alleged co-conspirators are expected to testify against him for their alleged involvement in other schemes that had them submitting invoices to QVC for imaginary products. Instead, the lighting designer allegedly funneled those payments into his own bank accounts.

Prosecutors said he carried out his fraudulent billing schemes up until 2013, when he was fired. After admitting to three counts of wire fraud, three counts of mail fraud, and one count of money laundering, he’s now facing a maximum of 130 years in prison and a $1.75 million fine when he’s sentenced on Dec. 12. He will, however, receive credit for accepting responsibility for what he’s done.

Lower Saucon man pleads guilty in $1.5M theft from QVC [The Allentown Morning Call]