ST. LOUIS — U.S. District Judge Henry E. Autrey today sentenced David Kramer to 24 months in prison. The 42-year-old Parkland, Florida resident pleaded guilty to five counts of wire fraud.
In his role as risk manager with a Florida-based branch of Enterprise Holdings, Inc., Kramer requested checks from the accounts payable team for various expenses related to EHI’s business functions.
Beginning in 2009, Kramer began requesting checks for fictitious and fraudulent expenses. Kramer, to back up his check claims, allegedly creates false and fraudulent payment claims with various South Florida entities, including sheriff’s offices, the Florida Department of Transportation, and the courts, among others.
Once Kramer received the check, he deposited the money in his personal bank accounts. Kramer then used the fraudulently obtained funds for personal purchases and expenses, including luxury vacations, expensive watches and jewelry, and designer clothes. Kramer submitted at least 694 false and fraudulent check requests, resulting in an actual loss to EHI of $1,457,247.82. As part of the sentencing, Kramer is ordered to pay full restitution to EHI
“This case is a perfect example of how getting the FBI involved as early as possible can lead to the most successful outcome possible,” said Special Agent in Charge Richard Quinn of the FBI’s St. Louis Division. “The earlier we intervene, the more options we have to develop an effective investigative strategy and hold criminals accountable.”
This case was investigated by the Federal Bureau of Investigation. Assistant United States Attorney Lindsay McClure-Hartman is handling the case.