Wednesday, April 27, 2005
Ind. Decisions - ID thief to get new sentence, court says
The Indianapolis Star's Michelle McNeil, who broke the original Scott/PERF story several years back, has a story today on the 7th Circuit's ruling earlier this week on Scott's appeal of his sentence. (See also this ILB entry from yesterday.) Some quotes from the Star story:
Walter Kevin Scott, the convicted identity thief who once held a top job at the state's $10 billion Public Employees' Retirement Fund, will be sentenced again for his crimes, according to a federal appeals court ruling.
Scott, 38, was sentenced in December 2003 to 10 years in prison after pleading guilty to 23 felonies, including bank fraud, money laundering and misusing a Social Security number. Scott, who served as the fund's chief benefits officer from November 2001 to August 2002, was not found guilty of committing any crimes while working at the fund.
U.S. District Judge Sarah Evans Barker gave him a more severe penalty for several reasons -- including her finding that he obstructed justice while awaiting sentencing. The federal appeals court, in a decision Monday, disagreed with that one finding and ordered a new sentencing, which could mean a shorter prison stay.
The appeals court, however, upheld Scott's conviction, and $1.3 million in restitution he must pay to the pension fund and another Indiana company.