Watertown Man Sentenced to 41 Months in Prison for Stealing Over $1 Million from Employer
The 35-year-old man pleaded guilty to wire fraud after making unauthorized credit card purchases and cash advances.
A Watertown man received a sentence of more than three years in prison for stealing more than $1 million from his former employer, Iron Mountain. John J. Palandjian, 35, was given a 41 month (3 year, 5 month) sentence from Federal Court Judge Mark L. Wolf, according to U.S. Attorney Carmen Ortiz's office. He will also have three years of supervised release and must pay $7,500 in fines and pay $1.148 million in restitution. Palandjian pleaded guilty to 10 counts of wire fraud in October 2012, after being accused of stealing the money from his employer. According to a release from Ortiz's office: From August 2010 to June 2011, Palandjian used Iron Mountain’s credit card to make unauthorized purchases and cash advances in excess of $1,148,000…
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Mr Bruce
12:51 pm on Wednesday, January 30, 2013
Less than 3.5 years for over a million dollars???? Are you kidding me??? There are people locked up for much longer for alot less $ . How is he going to pay back 1.1+ million??? more ›