Former Hewlett-Packard Employee Indicted in Connection with Reselling Fraudulently Obtained Computer Parts
Defendant Allegedly Defrauded Company Out of Nearly $288,000
BOSTON – A former employee of Hewlett-Packard (HP) has been indicted in connection with fraudulently obtaining computer parts and then reselling them for his own profit, Attorney General Martha Coakley’s Office announced today. He allegedly defrauded HP out of nearly $288,000.
Frank M. Stanley, age 39, of Fall River, was indicted today by a Bristol Grand Jury on the charge of Larceny over $250 by a Single Scheme.
“We allege that this defendant misused his position at HP to defraud them out of hundreds of thousands of dollars,” AG Coakley said. “He allegedly ordered unauthorized parts from HP and then sold them for his own profit.”
The AG’s Office began an investigation after HP found potential impropriety during an internal investigation. Stanley was an HP Technical Support Representative, who worked primarily from his home.
The investigation revealed that between November 2009 and March 2012, Stanley ordered more than 150 unauthorized computer server central processing units. It is alleged that he then shipped those units to a contact in California in return for payments via the Internet. According to authorities, he defrauded HP out of nearly $288,000.
A Bristol Grand Jury returned indictments against Stanley today. He is scheduled to be arraigned in Bristol Superior Court at a later date.
These charges are allegations and the defendant is presumed innocent until proven guilty.
The case is being prosecuted by Assistant Attorney General Timothy Wyse of AG Coakley’s Cyber Crime Division, with assistance from State Police assigned to the AG’s Office and the AG’s Computer Forensics Lab.