A Yale School of Medicine administrator stole $40 million in computers and electronics to buy luxury cars and real estate, prosecutors said.
Highlights
- Jamie Petrone, 42, pleaded guilty to wire fraud and filing a false tax return Monday in federal court.
- She is alleged to have run a scheme for eight years starting in 2013, causing Yale to lose $40,504,200, prosecutors said.
- Petrone used money from the sales of the stolen goods for real estate, travel, expensive cars and other personal expenses.
- She has had to forfeit six luxury cars: two Mercedes-Benzes, two Cadillac Escalades, a Dodge Charger and a Range Rover.
- She also failed to pay taxes on the stolen equipment, costing the U.S.
- Treasury over $6 million.