Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

August 8, 2012

Ex-employee pleads guilty in $450k fraud

A former employee of L.L.Bean and Wright Express pleaded guilty in federal court Tuesday to charges related to bilking the two companies of $450,000.

Matthew J. LaForge of Brunswick pleaded guilty to charges of mail fraud and tax evasion, according to the Sun Journal, and faces up to 25 years of prison time and $250,000 per charge in fines. He reportedly billed both companies for marketing services provided by a bogus company and had payments sent to a mailbox in New Hampshire. According to the paper, LaForge took about $231,000 from Wright Express over a three-year period and about $220,000 from L.L.Bean over a subsequent three-year period. He also failed to report the money as income and faces more than $89,000 in unpaid income taxes.

LaForge is required to pay restitution to the companies, their insurers and the Internal Revenue Service, according to the paper.

Sign up for Enews

Related Content

Comments

Order a PDF