- Associated Press - Monday, January 23, 2017

NEW HAVEN, Conn. (AP) - A former employee of a Connecticut real estate management and development business has been sentenced to four years in prison for stealing more than $700,000 from the company.

Federal prosecutors say 50-year-old Debra Biagi, formerly of Greenwich, was also sentenced to three years of probation and ordered to repay all the money.

She pleaded guilty in August to wire fraud for stealing the money from the HB Nitkin Group from February 2014 until December 2015.

She was an assistant to the chairman of the company with responsibilities that included managing accounts payable.

Prosecutors say she created fraudulent invoices made out to fictitious companies for masonry, carpentry, electrical and plumbing work. She then used the victims’ checks to the fake companies and deposited the money into her personal bank account.

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide