Former Comcast Employee Sentenced to Prison for Stealing From Company Retirement Accounts
A Coatesville, Pa. woman has been sentenced to 36 months in prison for seven counts of wire fraud for her role in embezzling approximately $124,876 from Comcast employee retirement accounts.
Laura Wayne, 38, was an administrator of retirement accounts at Comcast, and worked for the company from June 2010 until January 2014. She used her position to create dummy accounts in the names of family and friends, according to the United States Attorney’s Office for the Eastern District of Pennsylvania.
“From April of 2013 through January of 2014, Wayne used the names, dates of birth, and social security numbers of her family and relatives, to create what appeared to be 401(k) retirement accounts managed by Fidelity Company for the benefit of Comcast employees,” the U.S. Attorney’s Office said.
Wayne funded the accounts with “the maximum amount allowed by law” and got matching funds from Comcast, according to the U.S. Attorney’s Office.
“She then created fake user names and passwords to transfer all of the money in the dummy Fidelity accounts to her personal bank accounts,” the U.S. Attorney’s Office said. “When she was caught, she lied to both Comcast and an FBI agent and falsely claimed that she had paid the money back.”
A Comcast spokesperson did not immediately return a request for comment.