PHOENIX – Last week, John David Veatch, 47, of Gilbert, Ariz., was sentenced by U.S. Senior District Judge Roslyn O. Silver to 30 months in prison and ordered to pay restitution in the amount of $710,290. Veatch had previously pleaded guilty to one count of wire fraud.
Between January 2011 and June 2013, Veatch embezzled over $710,000 from his then-employer. Veatch embezzled the money through a scheme of ordering fictitious parts and then funneling the money to a third-party company he created and controlled.
The investigation in this case was conducted by the Federal Bureau of Investigation. The prosecution was handled by Andrew C. Stone, Assistant U.S. Attorney, District of Arizona, Phoenix.