Stow Man Sentenced To 33 Months In Prison For Fraud

Stow Man Sentenced To 33 Months In Prison For Fraud

The following press release was published by the U.S. Department of Justice, Office of the United States Attorneys on Jan. 30, 2014. It is reproduced in full below.

A Stow man was sentenced to nearly three years in prison for defrauding his employer out of more than $744,000, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio.

Thomas A. Steiger, 45, was sentenced to 33 monthis in prison after previously pleading guilty to six counts of wire fraud and four counts of interstate transportation of property obtained by fraud.

Steiger admitted that he had defrauded his employer, Voith Industrial Services, Inc. of Cincinnati. While working for Voith, Steiger was located at the Ford Motor Company Stamping Plant in Walton Hills, Ohio. During 2011-2012, Steiger defrauded his employer by ordering industrial equipment on company invoices, and after receipt, selling the equipment to individuals not related to Voith. Voith lost at least $744,109 as a result of Steiger’s scheme, according to court documents.

Steiger was also orderd to pay $744,109.00 in restitution.

This case was investigated by the Federal Bureau of Investigation, with assistance from the Walton Hills, Ohio, Police Department. The case was prosecuted by Assistant United States Attorney James V. Moroney.

Source: U.S. Department of Justice, Office of the United States Attorneys

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