In a recent legal saga unfolding in St. Joseph County, Indiana, 48-year-old Joshua Gregg has been sentenced to 18 months in prison followed by one year of supervised release.
His crime? A decade-long scheme of wire fraud against his former Ohio-based employer, totaling over $500,000.
According to the source, Gregg’s fraudulent activities spanned from 2011 to 2020, during which he exploited his position as a vice president working remotely from Michigan City.
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Gregg’s role involved extensive travel as part of his job responsibilities. Operating from his home office, he had the authority to approve his own expenses and submit reimbursement requests through the company’s software.
His supervisor, based in Florida, was responsible for approving these requests remotely.
Authorities uncovered Gregg’s fraudulent activities in mid-2020 when the company grew suspicious of his unusually high expenses, particularly during the COVID-19 pandemic.
An investigation revealed that Gregg had been falsifying receipts, either by claiming expenses he never incurred or by inflating the amounts on legitimate receipts.
One glaring example cited in court documents involved Gregg altering an airline receipt, increasing the amount claimed by $600.
The forensic accounting investigation commissioned by the company estimated that Gregg fraudulently claimed approximately $1.4 million out of the total $1.9 million in reimbursements he received over the years.
The agreed-upon stolen amount in court was between $550,000 and $1.5 million. As part of his sentencing, Gregg was also ordered to pay restitution amounting to $175,643.92.
Gregg, originally from Roanoke, Texas, had been residing in Michigan City at the time of the offenses.
Prior to his criminal conviction, Gregg was involved in a civil case related to the fraud, where he had agreed to surrender stock and pay $150,000 in restitution, an amount he allegedly never fulfilled.
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