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Saturday, 18 August 2012

A Freedom, New York, man has pleaded guilty to federal charges of mail fraud for running a scam to defraud his employer.

34-year-old Nicholas Polcz created a shell company while working at Ziphany Company in April 2010. He told Ziphany that the shell company would provide wireless services, while telling Ziphany’s actual provider to forward all future bills to the shell company.

Using this scheme, Polcz was able to charge Ziphany a higher amount than the wireless services cost, paying the provider and keeping the extra for himself. In all, prosecutors say he scammed the company out of $28,000.

Polcz is scheduled for sentencing in November and could face up to 20 years in prison.

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