Ex-federal worker pleads guilty to stealing $843K from gov’t

Ex-federal worker pleads guilty to stealing $843K from gov’t

A former federal worker pleaded guilty Thursday to stealing more than $840,000 from the government.

Brian Thompson, 53, pleaded guilty to one count of wire fraud in the U.S. District Court for the District of Columbia.

Between May 2013 and March 2014, Thompson stole government money when he worked as a loan guarantee specialist for the Department of Housing and Urban Development (HUD).

Thompson sold real estate properties on behalf of HUD, after borrowers defaulted on mortgages from the department. For several properties, the Justice Department says he made “materially false representations” to third parties and diverted $843,000 to his own bank accounts.

“Brian Thompson exploited his government job to rob the American taxpayer of more than $800,000,” U.S. Attorney Ronald C. Machen, Jr. said in a statement. “This crooked HUD employee diverted the proceeds of real estate sales from the U.S. Treasury to his own pockets through lies and trickery. He now faces serious prison time as a result of criminal breach of the public trust.”

Continue reading →

Commenting Policy

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.

You may use HTML in your comments. Feel free to review the full list of allowed HTML here.