SACRAMENTO, Calif. - A federal grand jury returned a three-count indictment today against Jeffrey Lamson, 51, of El Dorado Hills, charging him with wire fraud, United States Attorney Benjamin B. Wagner announced.
According to court documents, from at least 2009 through 2011, Lamson embezzled over $400,000 from a company located in Placer and Sacramento Counties while he served that company as controller. Lamson used company funds to make unauthorized payments to himself and others and made payments to a fictitious vendor, controlled by Lamson, for services that were never performed.
This case is the product of an investigation by the Internal Revenue Service‑Criminal Investigation. Assistant United States Attorneys Shelley D. Weger and Jean M. Hobler are prosecuting the case.
If convicted, Lamson faces a maximum statutory penalty of 20 years in prison and a fine of $250,000 or twice the gain or loss caused by the fraud. Any sentence, however, would be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables. The charges are only allegations; the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.
Source: U.S. Department of Justice, Office of the United States Attorneys
