John P. Pigsley, a former top engineer for Keolis, was sentenced to 70 months in federal prison for embezzling $8.5 million from the MBTA's commuter rail operations. He engaged in fraudulent activities from 2014 to 2021, directing the submission of false invoices and misusing corporate funds for personal gain. Pigsley was ordered to pay substantial restitution and forfeiture, reflecting the serious nature of his offenses, which included wire fraud and tax evasion. This case exemplifies the stern legal repercussions for corporate fraudsters and the ongoing need for vigilance in financial oversight.
Pigsley's fraudulent scheme, which exploited his position at Keolis, resulted in the embezzlement of $8.5 million intended for the commuter rail's operations.
This case highlights the severe consequences of corporate fraud, as Pigsley faces both significant prison time and extensive financial restitution.
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