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6 1/2 Years in Prison for IT Company Controller Who Embezzled Nearly $20 Million

by RestonNow.com September 8, 2017 at 12:00 pm 19 Comments

A Nokesville man who worked as the controller for Reston’s NCI Inc. has been sentenced to 6 1/2 years in prison for embezzling about $19.4 million from the information technology company.

Jon Frank, 48, pleaded guilty to a wire fraud charge in June. According to the U.S. Attorney’s Office for the Eastern District of Virginia:

From 2007 until January 2017, he used his position to initiate transfers of approximately more than $19 million from the company’s bank account to his personal accounts. He created false documents to make it appear that the money was being sent as reimbursement to another company that was administering the health insurance plan for Frank’s employer. Relying upon his knowledge and the altered documents, he was able to mislead the individuals performing audits of the company’s financial records. Frank spent the money on expensive automobiles and real estate, among other things.

In addition to his prison sentence, Frank has been ordered to pay the full amount — $19,440,331 — back in restitution.

Frank’s sentence was handed down Friday morning by U.S. District Judge Leonie M. Brinkema. Assistant U.S. Attorney Jack Hanly prosecuted the case.

  • Willie Reston

    Trump will surely pardon him and name him chairman of the SEC.

    • Mike M

      Thanks for the fake news. It’s typical of the baseless junk we see on CNN feeds these days. Apparently, Trump is steering the hurricanes as well.

      • IllegallyLivingInReston

        Don’t get so worked up over an obvious joke, snowflake

        • Mike M

          Worked up? More fake news from the left. Got substance?

          • IllegallyLivingInReston

            It’s okay we can institute censors so you don’t have to look at things that offend you.

          • Mike M

            It’s always the lefties crying for censoring because what they don;t like they deem “[email protected]

          • IllegallyLivingInReston

            Did you replace the ‘a’ with @ because the sight of the word “racist” is offensive to you?

          • Mike M

            No. It’s because certain words are automatically censored or held up for review before they will appear. It’s the left wing creeping censorship influence on media.

          • IllegallyLivingInReston

            Mike can you teach me how to be this upset at the world all the time?

          • Mike M

            “This upset?” Teach me.
            I suspect you are not teachable.

          • IllegallyLivingInReston

            I don’t know man, I wasn’t the one who got butthurt over a joke.

      • RestonAssurance

        It looks like he’s steering Irma to Mar-A-Lago. Aiy!

      • The Constitutionalist

        As Willie admitted, all he does is sit on his couch and watch CNN. The jury is still out on weather he likes Miller or Coors though.

    • LOL

      More like when little Timmy Geithner “forgot” to pay taxes until the IRS reminded him. But hey he was good enough to be Obama’s Treasury Secretary anyway.

    • Commonsense

      Doubtful. He’s a democrat.

  • RestonAssurance

    They never pay everything back. The punishment fits the white collar criminal. Off to cupcake camp. Maybe he will hoard all of the commissary hot chocolate like Madoff. Shame.

  • Chuck Morningwood

    So, Jon Frank, was it worth it all?

  • The Russian Weiner

    I bet he was colluding with the Russians.

  • Justice has been served

    Justice Brinkema gets all the tough cases, I am sure he is a wise man and amkes all the right choices. Only thing here, with Frank being in jail for that long he will probably never return 20mill, cents on the dollar.

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