Thursday, Oct. 29, 2009

West Point employee admits $3M fraud scheme

WEST POINT, N.Y. (AP) - A New York woman who worked in the dean's office at the United States Military Academy at West Point admits defrauding the government out of nearly $3 million.

Bobbie Cyana Ryan, of Highland Falls, pleaded guilty Wednesday for her role in a scheme to divert payments from the academy to a bogus corporation she controlled.

The 51-year-old Ryan was responsible for coordinating information technology training programs for West Point staff.

A routine audit led to the discovery by Army investigators that Ryan used government purchase cards to authorize $2.9 million in payments to CWG Enterprises for training that never happened. Investigators say Ryan transferred money to her personal account.

Sentencing is scheduled for Feb. 19, and Ryan faces up to 40 years in prison and a fine up to $5.8 million.

2009-10-29     12:40:59 GMT

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