CORPORATE EMBEZZLER SENTENCED
Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, and Michael K. Fithen, Special Agent in Charge, United States Secret Service, announced the sentencing of Jeannette Lee a/k/a Janet Bailey, 43, of West Park, Florida. Lee was convicted of wire fraud, in violation of Title 18, United States Code, Section 1343, for her role in a corporate embezzlement scheme. Today, United States District Judge James I. Cohn sentenced Lee to 108 months in federal prison.
Lee was the Comptroller and Chief Financial Officer of Structured Cable Products, Inc., a global manufacturer and supplier of low voltage cable and accessories, headquartered in Tamarac, Florida. Over about an eight-month period in 2009, Lee used Structured Cable Products’ corporate bank account to fund wire transfers and cashier’s checks made payable to either her personal creditors, family members, cash, or other companies and bank accounts that she controlled. Lee defrauded the company of over one million dollars.
Later investigation revealed that Jeannette Lee, who claimed to be a United States Citizen born in New Jersey, was really a citizen of Jamaica who is facing deportation at the conclusion of her prison term.
Mr. Ferrer commended the investigative efforts of the United States Secret Service as well as officers with the United States Customs and Border Protection Field Operations Division. This case was handled by Assistant U.S. Attorney Marc Anton.
A copy of this press release may be found on the website of the United States Attorney's Office for the Southern District of Florida at http://www.usdoj.gov/usao/fls. Related court documents and information may be found on the website of the District Court for the Southern District of Florida at http://www.flsd.uscourts.gov or on http://pacer.flsd.uscourts.gov.
