WHITE STRIPE Tuesday, a man from Highland Mills entered a guilty plea in federal court over a large-scale fraud conspiracy against Polar Air Cargo Worldwide, Inc.
Carlton Llewellyn, 55, pled guilty, according to federal investigators, to conspiring to commit wire fraud.
Llewellyn and nine other people took part in a large-scale plot to defraud Polar, according to claims made in the indictment and throughout court proceedings.
Llewellyn and three co-defendants were senior officials of Polar at the time of the alleged fraud, while six other people owned and controlled different Polar vendors and customers.
Llewellyn held the position of vice president for Polar’s operations, system performance, and quality.
In exchange for making sure that certain Polar vendors received advantageous business agreements from Polar, the authorities claimed that the defendants consented to accept about $23 million in kickbacks from the vendor defendants and enjoyed significant financial benefits as a result of their hidden ownership interest in those vendors.
Llewellyn may receive a term of up to five years in jail when she is sentenced in May. In addition, he consented to forfeit nearly $348,000 and reimburse Polar $305,800.