NORTHERN NEVADA BUSINESS OWNER PLEADS GUILTY TO EMBEZZLING NEARLY $8 MILLION FROM A FEDERAL GRANT PROJECT

WASHINGTON, Oct. 27 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:

LAS VEGAS - A northern Nevada business owner pleaded guilty today to embezzling more than $7.8 million from "The Lovelock Project," a federally-funded high-speed internet construction project near Lovelock, Nevada, to his personal bank account.

"Stealing public funds intended to connect rural communities is a direct assault on the taxpayers of Nevada," said First Assistant United States Attorney Sigal Chattah for the District of Nevada. "When individuals treat federal grants as personal piggy banks and hide stolen millions in cryptocurrency, they undermine public trust and rob citizens of critical...