Home Virginia man pleads guilty in $1.9 million embezzlement scheme, faces 20 years in prison

Virginia man pleads guilty in $1.9 million embezzlement scheme, faces 20 years in prison

Chris Graham
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(© thodonal – stock.adobe.com)

A Chester man pleaded guilty Monday in an embezzlement scheme that netted him $1.9 million over an eight-year period, money that he spent on luxury items, including a Ferrari.

Bahram Khosropanah, 65, faces up to 20 years in prison at his Nov. 2 sentencing, according to federal court documents.

Prosecutors say Khosropanah was a senior IT professional for an unnamed Richmond-based company that operates convenience stores across the U.S. Among his responsibilities was purchasing computers and other electronics for the company.

According to prosecutors, Khosropanah made unauthorized material modifications to invoices related to those computer purchases before submitting them to his accounting department for approval.

From there, Khosropanah sold the misappropriated assets – including 850 laptops and other electronics – on eBay and to a third-party wholesaler.

Chris Graham

Chris Graham

Chris Graham, the king of "fringe media," is the founder and editor of Augusta Free Press. A 1994 alum of the University of Virginia, Chris is the author and co-author of seven books, including Poverty of Imagination, a memoir published in 2019, and Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, and The Worst Wrestling Pay-Per-View Ever, published in 2018. For his commentaries on news, sports and politics, go to his YouTube page, or subscribe to his Street Knowledge podcast. Email Chris at [email protected].

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