Simsbury man admits stealing nearly $2 million from employer
Federal authorities say a Simsbury man has pleaded guilty to charges stemming from a scheme to embezzle nearly 2 million dollars from his employer.
Jeffrey M. Bourke pleaded guilty in federal court in Hartford to four counts of mail fraud and one count of filing a false tax return.
Authorities say in September 2003, Bourke formed a sham company called Health Management Solutions that he used to embezzle money from his employer, a major health insurer.
The 32-year-old created fictitious invoices that falsely represented goods and services provided to his employer by Health Management Solutions.
Bourke used the money to buy and renovate a home and for expensive watches, artwork and vacations.
Bourke faces up to 20 years in prison on each mail fraud count and up to three years for filing a false tax return when he is sentenced December 21.
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