Former Controller Sentenced To Two Years In Federal Prison For Stealing Over $750,000
Orlando, Florida – Senior U.S. District Judge G. Kendall Sharp has sentenced Jeffrey McKinney (62, Minneola) to two years in federal prison for wire fraud. McKinney was also ordered to serve two years of supervised release and to pay $828,894.25 in restitution.
McKinney had pleaded guilty on May 16, 2019.
According to court documents, McKinney is a Certified Public Accountant and was the Controller of a local business. In addition to serving as the Controller, McKinney was responsible for moving funds between various accounts held by the business and one of its executives. For more than 18 months, McKinney used his position to embezzle over $750,000 from those accounts on 12 different occasions. To cover up his thefts, McKinney falsified check stubs, moved money between accounts to hide what he had stolen, and provided the executive with reports that inflated the amount of money that remained in the executive’s accounts.
This case was investigated by the Federal Bureau of Investigation. It was prosecuted by Assistant United States Attorney Roger B. Handberg.