News and Press Releases

Culpeper Man Pleads Guilty to Defrauding Ashburn-Based Telos Corporation

August 12, 2011

ALEXANDRIA, Va. – Floyd E. Finkle III, 46, of Culpeper, Va., pleaded guilty yesterday to misappropriating more than $400,000 in various products and money from Telos Corporation, a company based in Ashburn, Va. 

            Neil H. MacBride, United States Attorney for the Eastern District of Virginia, and David E. Beach, Special Agent in Charge of the United States Secret Service’s Washington Field Office, made the announcement after the plea was accepted by United States District Judge T. S. Ellis III. 

            Finkle pled guilty to mail fraud and faces a maximum penalty of 20 years when he is sentenced on Oct. 28, 2010. 

            According to court documents, Finkle, a former Facilities Manager of Telos Corporation, admitted stealing various supplies and products from the company. Finkle admitted that he ordered various supplies and products from certain vendors without the company’s authorization and had them personally delivered to his residence or his office.  Finkle resold the stolen items on eBay for personal gain, kept them for personal use, or sold them for cash.  The vendors submitted the invoices to Telos for payment, and Finkle approved them knowing that the items included in the invoices were never utilized or installed at Telos.  Finkle also admitted to asking for and receiving kickbacks and gratuities from various vendors in exchange for steering Telos business to them.  Court documents indicate that the loss attributed to the fraud exceeded $400,000.    

            This case was investigated by the United States Secret Service and the Loudoun County Sheriff’s Office.  Assistant United States Attorney Jasmine Yoon is prosecuting the case on behalf of the United States.

A copy of this press release may be found on the website of the United States Attorney's Office for the Eastern District of Virginia at  Related court documents and information may be found on the website of the District Court for the Eastern District of Virginia at or on



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