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Press Release

Shenandoah Man Pleads Guilty to Wire Fraud

For Immediate Release
U.S. Attorney's Office, Western District of Virginia
Vernon Fisher Stole Over $200,000 From His Former Employer

CHARLOTTESVILLE, Va. – A Shenandoah, Virginia man pled guilty today to wire fraud for stealing over $200,000 from his former employer.

Vernon Fisher, 66, pled guilty today to two counts of wire fraud. At sentencing, Fisher faces up to 20 years in prison.

According to court documents,  from approximately 2017 and continuing through 2021, Fisher was employed by ‘Victim Company,’ a plastics company located in Elkton, Virginia. Fisher served as an accountant and controller and his responsibilities included filing taxes, running payroll, managing cash, bank deposits, and paying company bills on behalf of Victim Company.

Fisher admitted to engaging in a multi-year scheme to steal from and defraud Victim Company by linking his personal bank accounts to the Victim Company bank accounts. Through a series of over 300 financial transactions, Fisher funneled over $200,000 of company money to his own accounts and used it for personal expenses at Neiman Marcus, Kay Jewelers, Macy’s, Nordstrom, and other high-end retailers.

Acting U.S. Attorney Zachary T. Lee and Stanley M. Meador, Special Agent in Charge of the FBI’s Richmond Division made the announcement.

The FBI is investigating the case.

Assistant U.S. Attorney Sally J. Sullivan is prosecuting the case. 

Updated January 27, 2025

Topic
Financial Fraud