BOWLING GREEN, Ky. – The former controller of KY Express, LLC., located in Bowling Green, Kentucky, has been was sentenced in U.S. District Court by U.S. District Judge Greg N. Stivers to 21 months in prison, followed by three years of supervised release and ordered to pay restitution in the amount of $238,935.64 announced U.S. Attorney John E. Kuhn, Jr.
Almir Demirovic, 24, of Warren County, Kentucky, pleaded guilty to a nine count federal indictment on August 25, 2015. Demirovic was charged with nine counts of wire fraud related to a scheme to conceal his theft by creating unauthorized automated clearing house payments to himself that appeared similar in amount to other legitimate vendor payments. From January of 2013, until August of 2014, Demirovic admitted to making the unauthorized automated clearing house payments from the bank accounts of his employer, KY Express, LLC, at PNC Bank (payment processing center located in Pittsburgh, Pennsylvania) and BB&T Bank (payment processing center located in Wilson, North Carolina) to his personal bank account.
This case was prosecuted by Assistant United States Attorney Joshua Judd and was investigated by the Federal Bureau of Investigation (FBI).