U.S. District Judge Henry E. Autrey has sentenced David Kramer to 24 months in prison. The 42-year-old Parkland, Fla., resident pleaded guilty to five counts of wire fraud, according to the U.S. Department of Justice.
In his role as a risk manager with a Florida-based branch of Enterprise Holdings, Kramer requested checks from the accounts payable team for various expenditures related to Enterprise’s business functions.
Beginning in 2009, Kramer began requesting checks for fictitious and fraudulent expenses. To support his check requests, Kramer would create false and fraudulent requests for payment from various entities in the south Florida area, including the sheriff’s offices, the Florida Department of Transportation, and judicial courts.
Once Kramer received the check, he would deposit the money into his personal bank accounts. He then used the fraudulently obtained funds for personal purchases and expenses, including vacations, watches and jewelry, and designer clothing. Kramer submitted at least 694 false and fraudulent check requests resulting in an actual loss of $1,457,247.82 to Enterprise Holdings. As a part of the sentencing, Kramer is ordered to pay full restitution to the company.
“This case is a perfect example of how getting the FBI involved sooner rather than later can lead to the most successful outcome possible,” said Richard Quinn of the FBI St. Louis Division, special agent in charge. “The earlier we get involved, the more options we have to build an effective investigative strategy and hold criminals accountable.”
This case was investigated by the Federal Bureau of Investigation. Assistant U.S. Attorney Lindsay McClure-Hartman is handling the case.