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Former Hess Corporation employee Monica Causgrove was sentenced in Houston federal court Monday for defrauding her employer of more than $1 million. Causgrove was sentenced to a year and a day in federal prison, to be followed by three years of supervised release, including six months of home confinement.
Causgrove pled guilty to one count of wire fraud in November. At the time, she acknowledged she’d used her company credit card and her position at Hess to run up unauthorized charges of more than $1 million, including a stay at the Ritz-Carlton in Montego Bay, Jamaica.
“This is a very, kind of, classic, standard wire fraud,” says David Kwok, an assistant professor and white collar crime expert at the University of Houston Law Center. “This is not someone who’s running around the community, for example, stealing credit card numbers, that sort of thing. This is a very targeted type of offense, but obviously very substantial, given her position and how much money she had access to with Hess.”
In addition to prison time, Causgrove was ordered pay $1,061,845.15 in restitution.
