New Jersey sysadmin gets 5 years for Cisco scam
Does bird for replacement kit switch
Posted in Law, 22nd January 2009 01:20 GMT
Free whitepaper – Driving Situational Awareness:
A former sysadmin who pocketed several million dollars by scamming Cisco's part replacement program has been sentenced to five years in prison by a federal court in New Jersey.
Michael Kyereme was a network troubleshooter for the city of Newark between 2002 and 2007, where he was authorized to buy replacement parts from Cisco.
The 41-year-old was arrested and later admitted to falsely ordering replacements for faulty networking gear, and requesting swaps for gear that was more expensive than what the city actually owned. He then resold the merchandise in California and kept the profit.
Prosecutors say that Kyereme had requested 280 items from Cisco's replacement service, with some of the premium networking gear retailing for upwards of $25,000. He allegedly only returned parts to Cisco 132 times — and only 33 items actually matched the replacement part he received.
The scam defrauded Cisco of nearly $4.2m, according to prosecutors.
When the FBI nabbed Kyereme in 2007, he had nearly $3m in Cisco components stashed in his home and car.
In July, Kyereme pleaded guilty to mail fraud and tax evasion. ®
Transforming IT culture
Ensuring service assurance in the new normal
Application Performance Management:
Assuring application service quality
Reshaping IT
