Chief Financial Officer Indicted on BVU

FraudsWatch.com
White-Collar Crime

<h3>Stacey Pomrenke Charged in 15-Count Federal Indictment<&sol;h3>&NewLine;<p>ABINGDON&comma; VA—A federal grand jury sitting in the United States District Court for the Western District of Virginia in Abingdon has charged the chief financial officer at Bristol Virginia Utilities &lbrack;BVU&rsqb; with a variety of tax and fraud charges in a 15-count federal indictment&period;<&sol;p>&NewLine;<p>The grand jury has charged Stacey Pomrenke&comma; a&period;k&period;a&period; Stacey Bright&comma; 43&comma; of Abingdon&comma; Virginia&comma; with one count of conspiracy to commit tax fraud&comma; three counts of making false statements&comma; three counts of extortion&comma; one count of program theft&comma; one count of conspiracy to commit wire fraud and six counts of wire fraud&period;<&sol;p>&NewLine;<p>The indictment&comma; returned October 26&comma; 2015&comma; alleges that Pomrenke&comma; through her position as chief <a class&equals;"wpil&lowbar;keyword&lowbar;link" href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;tag&sol;financial-fraud&sol;" title&equals;"financial" data-wpil-keyword-link&equals;"linked" data-wpil-monitor-id&equals;"494">financial<&sol;a> officer with BVU&comma; used her power to obtain things of value from vendors who were engaged in business relationships with BVU&period; Those things of value included&comma; allegedly&comma; tickets to baseball and football games&comma; alcohol and the funding of official BVU company functions&period; Pomrenke is also charged with conspiring to defraud the United States by falsely reporting wages and other financial benefits of BVU employees to the Internal Revenue Service&period;<&sol;p>&NewLine;<p>If convicted&comma; Pomrenke faces a maximum possible penalty of up to 20 years in prison and&sol;or a fine of up to &dollar;250&comma;000&period;<&sol;p>&NewLine;<p>The investigation of the case&comma; which remains ongoing&comma; is being conducted by the Federal Bureau of Investigation and the Internal Revenue Service&comma; Criminal Investigation&period; Assistant United States Attorney Zachary Lee will prosecute the case for the United States&period;<&sol;p>&NewLine;<p>A Grand Jury Indictment is only a charge and not evidence of guilt&period; The defendant is entitled to a fair trial with the burden on the government to prove guilt beyond a reasonable doubt&period;<&sol;p>&NewLine;<p>Original from <a href&equals;"http&colon;&sol;&sol;www&period;justice&period;gov&sol;usao-wdva&sol;pr&sol;chief-financial-officer-bvu-indicted" target&equals;"&lowbar;blank" rel&equals;"noopener">Department of Justice &&num;8211&semi; U&period;S&period; Attorney’s Office<&sol;a><&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

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