The former general manager of a financial services company was sentenced to federal prison on Friday, according to KCRG. 46 year old James Dwyer, who had been the general manager at Mobile Money, Inc. for over 20 years, was convicted of defrauding the company of $3.4 million. In January of 2021 Dwyer told his superiors that he could not access a vault that was holding approximately $1.1 million because the vault had been broken. It was later discovered that Dwyer had tampered with the vault to prevent anyone from accessing it. In February of 2021 other employees were able to get into the vault but they did not find $1.1 million, they found less than $100,000. Executives then discovered that Dwyer had failed to deposit a further $2.5 million into bank accounts. Dwyer was sentenced to 5 years in federal prison and ordered to pay $3.4million in restitution to Mobile Money.
