- Associated Press - Thursday, September 1, 2016

JAY, Maine (AP) - A Maine resident has been sentenced to a little more than a year in prison on a charge that he defrauded a company that received federal housing program money.

Forty-seven-year-old Timothy Gallagher of Jay pleaded guilty in April. He was sentenced to one year and a day in prison by a federal judge in Portland.

The Portland Press Herald (http://bit.ly/2bCrKtr ) reports investigators found that Gallagher embezzled nearly $80,000 from Stanford Management LLC of Portland. The property management company specializes in affordable housing and gets millions of dollars from the federal government.

Gallagher worked as a full-time construction manager at Stanford. Investigators say he set up a competing construction company and paid himself a wage to hire subcontractors to work on Stanford’s properties.

His lawyer didn’t return messages seeking comment.



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