Former Nevada Power Employee Sentenced to Two Years in Federal Prison for Stealing from Company Bank Account
Las Vegas, Nev. – A former business analyst and financial planner for Nevada Power who stole almost $2 million from a company bank account has been sentenced to two years in prison, announced Greg Brower, United States Attorney for the District of Nevada.
Kyle Roher, 38, of Las Vegas, was sentenced on Thursday, January 8, 2009, by U.S. District Judge James C. Mahan, who also ordered Roher to pay approximately $1.8 million in restitution and to serve three years of supervised release. Roher pleaded guilty in August to two counts of Wire Fraud.
Roher was employed as a Senior Business Analyst at Nevada Power and was responsible for financial planning. Roher allegedly devised and executed a scheme to steal money from a Nevada Power "general spending" bank account by preparing forged wire transfer forms which authorized disbursements from the Nevada Power bank account to two bank accounts that Roher controlled at Bank of America. Between September 30, 2002, and October 26, 2006, Roher submitted approximately 19 such forms for unauthorized disbursements, causing the transfer of over $1.6 million to his Bank of America accounts. In October 2006, after discovering Roher's fraudulent scheme, Bank of America froze disbursements to Roher's accounts including another $100,000 wire transfer which Roher had fraudulently authorized.
Roher was permitted to self-report to federal prison by March 26, 2009.
The case is being investigated by the United States Secret Service and prosecuted by Assistant United States Attorney Jeffrey T. Tao.