Former University Of Louisville's Education Dean, Robert "Bride" And "Corpse" Felner, Is On His Way To Federal Prison, Plus Gives Up "Mucho De Niros".
Former U of L Education Dean Robert Felner agrees to plead guilty to fraud, tax evasion
Former University of Louisville Education Dean Robert Felner agreed Friday to plead guilty to nine federal charges, including income tax evasion, and to serve 63 months in prison in connection with defrauding U of L and another college out of $2.3 million.
He also agreed to pay restitution of $510,000 to U of L and $1.64 million to the University of Rhode Island as well as to the forfeiture to the federal government of real property he owned in Florida and in Illinois as well as bank accounts of undisclosed value.
U.S. District Judge Charles Simpson III said he will review the plea agreement before deciding whether to accept it. He also held out the possibility of imposing additional fines of up to $2.25 million on Felner.
The plea agreement was reached with the U.S. Attorney’s office after a federal grand jury in Louisville in October 2008 indicted Felner on charges of mail fraud, conspiracy to commit money laundering and income tax evasion.
A colleague, Thomas Schroeder of Port Byron, Ill., was also charged with conspiracy to commit money laundering, mail fraud and conspiracy to defraud the Internal Revenue Service. He has pleaded not guilty and, as was Felner, has been free on unsecured bond. A trial for both Felner and Schroeder had been scheduled to start in U.S. District Court on Feb. 1. Schroeder could still be tried then.
Felner’s counts could have carried a penalty of up to 75 years in prison and maximum fines totaling $2.25 million.
Federal prosecutors alleged that over seven years Felner and Schroeder used the Illinois-based National Center for Public Education and Prevention Inc., which they set up, to defraud U of L and the University of Rhode Island, where Felner conducted research. Schroeder served as a grant-research aide to Felner from 2005 until spring 2008.
The government alleged that the two men used the Illinois center, for which Schroeder was listed as president, to divert funds owed to the two universities, siphoning off the $2.3 million
Former University of Louisville Education Dean Robert Felner agreed Friday to plead guilty to nine federal charges, including income tax evasion, and to serve 63 months in prison in connection with defrauding U of L and another college out of $2.3 million.
He also agreed to pay restitution of $510,000 to U of L and $1.64 million to the University of Rhode Island as well as to the forfeiture to the federal government of real property he owned in Florida and in Illinois as well as bank accounts of undisclosed value.
U.S. District Judge Charles Simpson III said he will review the plea agreement before deciding whether to accept it. He also held out the possibility of imposing additional fines of up to $2.25 million on Felner.
The plea agreement was reached with the U.S. Attorney’s office after a federal grand jury in Louisville in October 2008 indicted Felner on charges of mail fraud, conspiracy to commit money laundering and income tax evasion.
A colleague, Thomas Schroeder of Port Byron, Ill., was also charged with conspiracy to commit money laundering, mail fraud and conspiracy to defraud the Internal Revenue Service. He has pleaded not guilty and, as was Felner, has been free on unsecured bond. A trial for both Felner and Schroeder had been scheduled to start in U.S. District Court on Feb. 1. Schroeder could still be tried then.
Felner’s counts could have carried a penalty of up to 75 years in prison and maximum fines totaling $2.25 million.
Federal prosecutors alleged that over seven years Felner and Schroeder used the Illinois-based National Center for Public Education and Prevention Inc., which they set up, to defraud U of L and the University of Rhode Island, where Felner conducted research. Schroeder served as a grant-research aide to Felner from 2005 until spring 2008.
The government alleged that the two men used the Illinois center, for which Schroeder was listed as president, to divert funds owed to the two universities, siphoning off the $2.3 million
Labels: Crime, Punishment
posted by KYJurisDoctor at 4:17 PM
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