Richmond Man Sentenced to 4 Years for $2.5 Million Fraud Scheme
RICHMOND, Va. Barton Pasco, 58, of Richmond, Va., was sentenced today to 48 months in prison, followed by 3 years of supervised release, for stealing $2.5 million from a family trust.
Neil H. MacBride, United States Attorney for the Eastern District of Virginia; and Jeffrey C. Mazanec, Special Agent in Charge of the FBI’s Richmond Field Office, made the announcement after sentencing by United States District Judge John A. Gibney, Jr.
Pasco pleaded guilty to one count of wire fraud on May 1, 2013. According to court documents, Pasco was the Trustee for several of the trusts created by his parents. From 2000 through about July 2010, Pasco fraudulently obtained $2.5 million from the Trusts by transferring funds from the Trusts in the form of checks, cash withdrawals, and wire transfers for his own benefit.
This case was investigated by the FBI. Assistant United States Attorney Heather L. Hart prosecuted 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 http://www.justice.gov/usao/vae. Related court documents and information may be found on the website of the District Court for the Eastern District of Virginia at http://www.vaed.uscourts.gov or on https://pcl.uscourts.gov.