Paul Joseph Welch, the former IT manager of Algas-SDI in Kent, Washington, pleaded guilty to wire fraud after embezzling nearly $1 million from his employer. Between 2017 and 2024, Welch misappropriated funds by using company resources for personal purchases and created a fraudulent scheme to disguise payments to himself. His actions included unauthorized purchases from Amazon and other retailers, totaling $103,000, and misrepresenting payments to a fake computer services company. He is set to be sentenced on August 21, 2025.
Tracking the fraud scheme revealed a series of tactics by Welch to defraud Algas-SDI, primarily disguised as legitimate business expenses, through multiple payment methods.
The extensive misuse of company resources over several years shows a significant breach of trust by Welch, a trusted employee turned perpetrator.
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