Woman jailed for US$4 million accounts receivable fraud


Mildred Miller was sentenced to five years in prison for wire fraud. She had filed false accounts receivable to West Hartford-based American Commercial Finance Corporation, causing the company to wire millions of dollars to her recruiting company. Miller was ordered to repay more than US$4.7 million she helped funnel into her company. She pleaded guilty in March and was sentenced on Thursday (6 November).

Kevin J. Morrison, who worked for ACFC and participated in the scheme, is serving a 16-month prison sentence.

Miller specifically pleaded guilty to causing the transfer of more than US$10,000, which she said she spent on gambling.

Source: Associated Press



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