Stamford woman gets prison for embezzlement
BRIDGEPORT — A federal judge sentenced a Stamford woman to a year and one day in prison Tuesday for embezzling more than $1 million from her employer.
In a prepared statement, U.S. Attorney John H. Durham said 32-year-old Candace Rispoli worked at Lodestone Management Consultants, later known as Infosys, from January 2012 to June 2016.
Beginning in about 2013, Durham said Rispoli worked from her former home in East Haven, which she shared with ther then-boyfriend, Michael Miano. Until about July 2016, Durham said Rispoli used a company American Express card to pay for more than $250,000 of her and Miano’s personal expenses.
“Rispoli also fraudulently transferred more than $800,000 in funds from the company’s American Express card to PayPal and Venmo accounts controlled by Rispoli and Miano,” Durham said. “To conceal her scheme, Rispoli altered the company’s American Express account statements and created false billing summaries, which she emailed to the company’s accounting firm.”
Rispoli pleaded guilty to one count of wire fraud last June, and had been detained since May 13 after her bond was revoked. Miano, a Branford resident, pleaded gulty in September 2017 to one count of conspiracy to commit wire fraud. He has not yet been sentenced.
Rispoli was sentenced before U.S. District Judge Victor A. Bolden in Bridgeport to 12 months and one day of imprisonment, followed by three years of supervised release.
Rispoli must also serve the first six months of her supervised release in home confinement and pay $1,098,176 in restitution.
This investigation was conducted by the Federal Bureau of Investigation. The case is being prosecuted by Assistant U.S. Attorneys Heather Cherry and Jonathan Francis.