Seth S. Jones, 46, of Philadelphia, pleaded guilty on July 24 before United States District Judge Gerald J. Pappert to two counts of wire fraud for defrauding two area non-profit organizations out of $322,798.
According to United States Attorney David Metcalf, Jones was charged by information last month and waived prosecution by indictment with his plea. Court filings and statements indicate that from at least 2017 to September 2025, Jones worked in the finance department of Non-Profit Company #1, which was a parent company to Non-Profit Company #2.
Jones used a company credit card to pay for approximately $291,023 in personal expenses and diverted about $31,775 from a bank account associated with Non-Profit Company #2 into accounts he controlled. To execute and conceal the scheme, Jones falsified expense reports, failed to submit some reports altogether, and created fake invoices.
The defendant is scheduled for sentencing on November 5 and faces a maximum possible sentence of 40 years’ imprisonment.
The case was investigated by the Federal Bureau of Investigation and is being prosecuted by Assistant United States Attorneys Francis A. Weber and John G. Iannacone.