SHIPPING CLERK sentenced to state prison

for $402,000 theft from employer

 

 

Westchester County District Attorney Janet DiFiore announced today that Milton Light

(DOB 07/24/46) of 7 Mountain Orchard Road, Bethel, Connecticut, was sentenced to one to three years in state prison on his guilty plea to the entire 13 count indictment against him, charging him with:

 

·         one count of Grand Larceny in the Second Degree, a class “C” Felony,

·         six counts of Criminal Possession of a Forged Instrument in the Second Degree, class “D” Felonies,

·         six counts of Falsifying Business Records in the First Degree, class “E” Felonies,

 

relating to the theft of $402,784 from his employer in a bogus shipping scheme.

 

Light worked for Armonk-based Inter-wire Products, Inc., a wholesaler of industrial wire.

 

The defendant was in charge of coordinating shipments of products from its divisions to its customers.

 

A joint investigation involving the District Attorney’s Office and North Castle Police began in June of 2008 after the company reported a pattern of discrepancies.

 

During the course of the investigation it was discovered that Light set up a fictitious company called Coastal Freight Forwarders in the State of Florida.

 

Between December 1, 2005, and June 17, 2008, the defendant directed product shipping payments from Inter-wire Products to Coastal Freight Forwarders by duplicating and altering other shipping paperwork such as a bill of lading and submitting both orders for payment.

 

This resulted in Inter-wire Products, Inc., paying for shipping twice: once for the legitimate customer, the other to the fictitious company.

The checks were sent to the bogus company in Florida, where the defendant maintained a bank account.

 

In addition to state prison, a Restitution Judgment Order in the amount of $402,784 was ordered by the court.

 

Assistant District Attorney Robert Mayes and Assistant District Attorney Brian Fitzgerald of the Economic Crimes Bureau prosecuted the case.

 

 

 

Milton Light