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Published October 16, 2022 @ 9:20 PM ET
New Haven County, CT – (October 13, 2022) A former Yale University School of Medicine employee was sentenced Thursday to more than nine years in prison after she admitted to the theft of more than $40 million in computers and hardware from the University.
Jamie Petrone, 42, of Lithia Springs, Georgia, was arrested on September 3rd, 2021 and pleaded guilty in March to wire fraud and filing a false tax return. According to the U.S. Attorney’s office, beginning in 2013, Petrone used her position as the Director of Finance and Administration for the school’s department of medicine to order millions of dollars in computers and hardware for the school but had them shipped to an out-of-state business for money in return. All purchases were below $10,000, which did not require additional approval according to the DOJ. In total, Petrone caused a loss to the University of $40,504,200.
Petrone used the money to buy various personal expenses including expensive cars, real estate, and travel. In addition to luxury purchases, she filed false tax returns from 2013 to 2016 and failed to file any returns from 2017 to 2020 causing a total loss of over 6.4 million to the U.S government according to the U.S. attorney’s office.
Petrone, in addition to her 109-month sentence, has been ordered to pay full restitution. She will forfeit $560,000 seized from her company’s bank account and six vehicles. In addition, Petrone has agreed to the liquidation of three Connecticut properties that she owns or co-owns to satisfy her restitution obligation and a property she owns in Georgia is subject to seizure and liquidation.
Petrone was taken into custody following the sentencing proceeding.