Palm Beach County Resident Convicted at Trial of Wire Fraud and Money Laundering Relating to Scheme

[TexasTowelie]

Palm Beach County Resident Convicted at Trial of Wire Fraud and Money Laundering Relating to Scheme to Steal Over $2.7 Million by Compromising Employer’s Computer Network


On November 8, 2019, a federal jury found Anthony Michael D’Amico, 39, of Boca Raton, Florida, guilty of wire fraud and money laundering, in a scheme where he secretly accessed his employer’s computer network to steal $2.7 million in propriety information.

Ariana Fajardo Orshan, U.S. Attorney for the Southern District of Florida and George L. Piro, Special Agent in Charge of the FBI’s Miami Field Office made the announcement.

According to evidence presented at trial, from approximately September 2017 through January 2018, D’Amico improperly accessed the computer network of his employer, an Austin-based company called All Web Leads. All Web Leads was in the business of, among other things, connecting people searching for health insurance on the internet with insurance companies who wanted potential customers. The evidence showed that D’Amico logged into the All Web Leads computer system late at night to reroute marketing calls generated by All Web Leads to companies paying him directly on the side. According to witnesses from All Web Leads, the proprietary information that D’Amico stole would have generated over $2.7 million for the company. Employees of All Web Leads further testified that D’Amico’s fraud significantly impacted the performance of the company that year and prevented All Web Leads employees from receiving bonuses.

Banking evidence demonstrated that D’Amico personally received over $1 million, in less than six months, by selling the proprietary information he stole from All Web Leads. According to the evidence presented at trial, D’Amico used the criminal proceeds he received from the scheme to buy a luxury automobile and pay a variety of personal expenses.

Read more: https://www.justice.gov/usao-sdfl/pr/palm-beach-county-resident-convicted-trial-wire-fraud-and-money-laundering-relating