Patrick Sentenced for Corporate Accounting Fraud Scheme

Patrick Sentenced for Corporate Accounting Fraud Scheme

Previous Vice Head Of State of Building And Construction Monitoring Business, Patrick Lindsey Sentenced for Corporate Accounting Fraud Scheme

RICHMOND, VA (STL.News) A previous corporate exec of a building and construction monitoring firm was sentenced to 27 months behind bars for his duty in a corporate accounting scheme that hid numerous bucks in the red owed by the firm.

” Over a five-year duration, Patrick Lindsey offered an essential duty in a large corporate accounting fraud scheme made to hide the truth that MGT Building and construction was greater than $20 million in the red,” stated Raj Parekh, Performing UNITED STATE Lawyer for the Eastern Area of Virginia. “That deception not just preserved the accused’s work as well as cushioned his yearly payment bundle, yet it additionally showed ravaging to the people that dealt with MGT Building and construction jobs as well as were left holding the bag after the fraud scheme was exposed as well as the firm consequently fell down. This Workplace is devoted to dealing with our police companions to deal with corporate impropriety as well as hold answerable execs that control others for individual gain.”

According to court records, Patrick Lindsey, 43, of Midlothian, was the Vice Head Of State of Preconstruction Solutions at MGT Building And Construction, a Richmond-based building and construction firm providing preconstruction preparation as well as building and construction monitoring solutions.

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