PROVIDENCE, R.I. (AP) — A former accounts payable clerk at a small Rhode Island gift manufacturing company has pleaded guilty to his role in a scheme to defraud the business of more than $300,000, federal prosecutors said.
Grant Devillez, 38, of Dayville, Connecticut, misappropriated the money from Providence-based Decor Craft Inc. from February 2016 through July 2018 by transferring company funds into his own bank accounts, to his creditors to pay personal bills, and to the bank account of another person, according to a statement Monday from the office of U.S. attorney for Rhode Island, Zachary Cunha.
Devillez was given access to a company bank account to make authorized payments to vendors, prosecutors said. Instead of making those payments, he would either make a partial payment to the vendors, or no payment at all, and would transfer the remaining funds for his own use, authorities said.
He then altered company records to reflect that full payment had been made to vendors, prosecutors said.
He pleaded guilty to 10 counts of wire fraud. Sentencing is scheduled for April 29.
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