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BOSTON, Mass. - A man from Eliot, Maine was convicted yesterday in federal court of three counts of mail fraud in connection with his scheme to defraud his former employer, Iona Technologies Corporation of Waltham, Massachusetts.

United States Attorney Carmen M. Ortiz and Richard DesLauriers, Special Agent in Charge of the Federal Bureau of Investigation, Boston Field Division, announced today that JOSEPH P. BOLDIGA, 69, pleaded guilty before U.S. District Judge George A. O’Toole to mail fraud.

At yesterday’s plea hearing, the prosecutor told the Court that had the case proceeded to trial, the Government’s evidence would have proven that BOLDIGA, a Collections Specialist at Iona Technologies, diverted more than one million dollars in payments of Iona accounts receivables to himself over a ten year period. BOLDIGA deposited payments of Iona receivables to his own bank account which he used to pay personal credit card expenses and to make hundreds of thousands of dollars in cash withdrawals for his own purposes.

Judge O’Toole scheduled sentencing for November 16, 2010. BOLDIGA faces up to 20 years imprisonment to be followed by five years of supervised release and a $250,000 fine.

The case was investigated by the Federal Bureau of Investigation. It is being prosecuted by Assistant U.S. Attorney Lori J. Holik of Ortiz’s Economic Crimes Unit.


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