An Arizona man is facing numerous felony charges after he allegedly defrauded his former employer out of $1.65 million.
IT Worker Faces Felony Charges and Federal Investigation
Twenty-nine year old David Dwight Reynolds was arrested on June 9 and charged with mail fraud, money laundering, and wire fraud for allegedly duping Swift out of large sums of money while he was employed by the company as an IT worker.
According to investigators, Reynolds began working at Swift in April 2013 and was given two purchasing cards to use for work-related transactions. Court documents allege that by the time October 2013 rolled around, Reynolds had begun to use his purchasing cards to make fraudulent purchases of electronic items and furniture.
Reynolds is accused of making over $850,000 worth of personal purchases on his company cards over the course of three years.
Additionally, Reynolds reportedly created a new company called PGN Solutions LLC and duped Swift into paying that company, which he claimed was a third party contractor. Court documents claim that Reynolds and his wife used the more than $800,000 that Swift payed to PGN Solutions to pay off credit cards and student loans.
The FBI and IRS are still investigating the case.