Mike Peterson
After a lengthy trial and sentencing process, a New Mexico woman has been sentenced to 18 months in federal prison for her involvement in a scheme to steal and resell iPods intended for Native American students.
Stock, 46, admitted to stealing more than 3,000 iPods purchased by the Central Consolidated School District in New Mexico between 2013 and 2018. After stealing the iPods, Stock sold them on eBay for her own personal benefit, the Justice Department said in a news release.
Between 2010 and 2019, Stock worked for the school district and was responsible for overseeing a program to provide iPods to Native American children living on tribal reservations in New Mexico.
Stock said she received more than $800,000 in illegal proceeds from selling the stolen iPods, which were themselves worth more than $1 million, the Justice Department said.
Additionally, Stock also admitted to falsifying tax returns for the 2012 to 2017 calendar years. She failed to report signifiant amounts of taxable income, which caused a tax loss for the U.S. of $270,821.
U.S. District Judge Catherine C. Blake charged Stock for interstate transportation of stolen goods and tax fraud. In addition to the 18 months in prison, her sentence includes three years of supervised release.
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22 Comments
So in reality there was no tax loss by the government because the activity that netted the income was illegal and wouldn't have otherwise happened.
Yes, her failure to report her I'll gotten gains was illegal but the activity it was based on shouldn't have been happening and since she will have to forfeit the I'll gotten gains, they never happened and the government didn't lose any tax money on gains she didn't end up having.
given the harm she caused to the intended recipients, her sentence seems a slap on the wrist.
It's amazing to me that people actually think they can get away with things like this.
But then again, there was that lady recently on an airplane that freaked out after it was discovered the "baby" she was "nursing" was a taxidermied lynx cat with googly eyes (if you haven't seen the video, it's worth looking up lol).