Orlando, FL - U.S. Attorney Robert E. O'Neill announces today that Chief U.S. District Judge Anne Conway sentenced Casey Loveall (52, Orlando) to 46 months in federal prison for wire fraud. As part of his sentence, the court also entered a money judgment in the amount of $1,611,754.51, the proceeds of the charged criminal conduct.

Loveall pled guilty on December 8, 2011. According to the plea agreement, Loveall, as Controller of Hulke Construction Company, LLC (“HCC”) became familiar with the HCC accounting system and had access to the company’s banking information and accounting software. During the course of Loveall’s employment, Loveall initiated wire and Automated Clearing House transfers to pay vendors and subcontractors for completed construction jobs. However, between 2007 and 2010, instead of sending 47 payments to pay for the construction projects, Loveall sent the money to accounts he controlled. In all, Loveall embezzled $1,611,754.51 from HCC.

The investigation determined that the stolen money was used for numerous purchases related to entertainment, paying bills, paying down loans, and retail purchases.

This case was investigated by U.S. Immigration and Customs Enforcement’s Homeland Security Investigations. It was prosecuted by Assistant United States Attorney David Haas.

 

 

 

 

 

 

 

 

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