CLARKSBURG, W.Va. A former employee of a Morgantown construction company has been sentenced to nearly four years in prison and ordered to pay restitution of $3.5 million after pleading guilty to wire fraud and money laundering.
Court documents said as the manager of Accelerated Construction Services, Michael Allen, 60, of Irwin, Pa., took $3.5 million from the company to purchase vehicles and jewelry.
Among the purchases confirmed were $113,250 for a 5.19-carat diamond ring, $19,000 for a Breitling watch and other jewelry, and $154,000 for vehicles, including a 2020 Range Rover and a 1954 Chevrolet 3100 truck with a restoration.
The Monongalia County Sheriff’s Department, the Internal Revenue Service, and the Federal Bureau of Investigation conducted the probe.