It’s one issue to steal from the federal authorities, nonetheless stealing from kids is an entire lot worse. Sadly, that’s precisely what one New Mexico college district employee did. Kristy Inventory was sentenced to 18 months in federal prison for her place in a scheme to steal and resell higher than 3,000 iPods intended for Native American students.
A particulars the fees in opposition to Stock of tax fraud and transportation of stolen items. According to her plea settlement and courtroom paperwork, the scheme started again in 2013 when she was in command of a program for the Central Consolidated School District of New Mexico designed to present units to Native American students residing on tribal reservations.
While overseeing this system, Stock was supposed to use federal grant money to purchase iPods to distribute to students. However, thanks to assist from different conspirators together with her buddy James Bender and Saurabh Chawla, the group ended up delivery the stolen iPods to Maryland the place they have been listed on eBay earlier than being bought at a “substantial” markup.
Due to his personal account having beforehand been suspended due to safety issues, Chawla was pressured to use Bender’s eBay account to checklist the stolen units for public sale, with Bender serving as an middleman. Later, between 2015 and 2018, Stock communicated immediately with Chawla, offering information on the make, mannequin, shade and amount of units earlier than agreeing on a worth and placing them up for public sale.
All informed, Stock admitted that she made greater than $800,000 from promoting stolen iPods between 2013 and 2018. To make issues worse, Stock additionally filed fraudulent tax returns on the earnings, leading to tax lack of round $270,000. That mentioned, whereas Stock faces an 18-month prison sentence, she truly bought off lighter than her co-conspirator Chawla, who was sentenced to 66 months after failing to pay greater than $700,000 in taxes. Meanwhile, Bender was sentenced to simply three hundred and sixty six days in prison.
So whereas Stock and her crew ultimately bought caught, the actual lesson is that right here is that crime doesn’t pay–particularly in case you’re stealing from youngsters after which mendacity in your taxes about your ill-gotten earnings.
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