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Five ripped off IT giant with $7M+ in bogus work expenses, prosecutors claim

ID: 29691c45-e800-5e79-ada6-ab693f87912d

STIX ID: report--29691c45-e800-5e79-ada6-ab693f87912d

Feed Name: The Register (Security)

Date Published: 2024-01-19

Date Updated: 2026-04-26

Author: Jessica Lyons Hardcastle

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U.S. prosecutors charged five individuals with wire fraud and conspiracy for a 2010–2019 embezzlement scheme that allegedly used no-show jobs, false timesheets, and fraudulent invoices at an IT consultancy to divert over $7 million for personal expenses, with some defendants also charged with tax evasion. The alleged scheme involved a subcontractor and family/friends of a manager, with court documents echoing details from a 2019 civil suit referencing DXC, which declined comment.

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