December 2, 2021 Today, a South Florida federal district judge sentenced three men from different parts of the country to federal prison terms for their roles in a conspiracy to defraud companies by issuing worthless bonds to insure large-scale construction projects. A fourth defendant was sentenced earlier this year.
Former HCPC employee sentenced to prison
BANGOR A Newport woman who had been the interim executive director of the Hancock County Planning Commission was sentenced May 27 in federal court for wire fraud and federal government program theft, acting U.S. Attorney Donald E. Clark announced.
U.S. District Judge John A. Woodcock Jr. sentenced Sheri G. Walsh, 56, to two years in prison and three years of supervised release. Walsh also was ordered to pay approximately $325,000 in restitution. She pleaded guilty in December 2020.
According to court records, from June 2015 through April 2019, Walsh embezzled more than $325,000 from two not-for-profit organizations where she had previously been employed. Walsh carried out the scheme by fraudulently transferring funds from one organization to another, then converting the funds to her own use. During the relevant period, one of the not-for-profits received federal grant monies from both the U.S. Environmental Protection Agency and the U.S.