SPARTANBURG, SOUTH CAROLINA Sung Wook Kim, also known as Paul, 36, of Lexington, was sentenced to two years in federal prison after pleading guilty to wire fraud.
Evidence presented to the Court showed that Kim used a position of trust to defraud his employer, fabricating three contracts with one of the companys clients and fraudulently signing documents related to those contracts. Relying on Kims fraudulent contracts, his employer spent $2,918.962.48. Kim also made $139,250 in bonuses and increased pay as a result of the fraudulent contracts. Evidence additionally showed that Kim had falsely reported his qualifications when obtaining his employment.
United States District Judge Donald C. Coggins sentenced Kim to 24 months imprisonment, to be followed by a 3-year term of court-ordered supervision. There is no parole in the federal system. The Court ordered Kim to pay $2,918.962.48 in restitution and entered a forfeiture judgment of $139,250.
This case was investigated by the United States Secret Service. Assistant U.S. Attorney Jamie Schoen prosecuted the case.
Source: U.S. Secret Service