Carmel man gets two years in federal prison for defrauding ad agency

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A 39-year-old Carmel man was sentenced to two years in federal prison Tuesday for defrauding the Indianapolis-based advertising and public relations agency where he worked out of more than $700,000.

U.S. District Judge Sarah Evans Barker ordered Jeffrey Gasior to pay restitution of $736,221 and be supervised by the U.S. Probation Office for 30 months following his release from prison, including 12 months of home detention.

Gasior reached a plea agreement in which he pleaded guilty to three counts of fraud in return for the dismissal of nine other counts.

The U.S. Department of Justice and court papers did not disclose the name of the company defrauded by Gasior.

Court papers say Gasior was hired by the company as its vice president of digital and oversaw sales, strategy development, coordination and analysis of digital advertising on behalf of the company’s clients. Investigators say Gasior had access to the company’s credit cards to purchase media on behalf of clients and to request reimbursement for expenses.

From October 2018 through August 2019, Gasior “devised and executed a complex scheme to steal money from the company by receiving payments that he was not entitled to,” prosecutors said in court papers. “Among other things, Gasior created false invoices and expense reports and redirected payments to purported vendors to his personal bank account.”

“To satisfy his own greed, Mr. Gasior exploited the trust placed in him and his expertise by the victim company,” said U.S. Attorney Zachary Myers in written remarks. “His criminal conduct showed no regard for the company or its reputation. Anyone involved in committing such crimes must be held accountable.”

The United States Secret Service and the Indiana State Police investigated the case.

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6 thoughts on “Carmel man gets two years in federal prison for defrauding ad agency

    1. Well, at least he was talking about something that he knew a lot about: fraud.

    1. I wondered about this also. I knew that the Secret Service was originally created to go after U.S. currency counterfeiters, only later becoming the bodyguards of the President, etc. Looking at their website it appears that they may have broadened their scope a bit with relation to any crimes against our financial system, but this still seems like small potatoes for them to get involved in.

  1. Travis, we did extensive searches on Google. While we found references to people named Jeff Gasior working for local communications-related firms, we could not match the hiring date and title listed for him at those companies with the ones listed in the court papers.