West Point employee admits $3M fraud schemeThe Associated Press
Posted : Wednesday Oct 28, 2009 19:43:57 EDT
WEST POINT, N.Y. — A 51-year-old woman who worked in the dean’s office at the United States Military Academy at West Point admits defrauding the government out of nearly $3 million.
Bobbie Cyana Ryan of Highland Falls pleaded guilty Wednesday for her role in a scheme to divert payments from the academy to a bogus corporation she controlled.
Ryan was responsible for coordinating information technology training programs for West Point staff.
A routine audit led to the discovery by Army investigators that Ryan used government purchase cards to authorize $2.9 million in payments to CWG Enterprises for training that never happened. Investigators say Ryan transferred money to her personal account.
At sentencing, scheduled for Feb. 19, Ryan faces up to 40 years in prison and a fine up to $5.8 million.
Article at:
http://www.armytimes.com/news/2009/10/ap_west_point_fraud_102809/