John Shiffman of the Philadelphia Inquirer reports that John S. Carter, the ex-president of the Independence Seaport Museum in Philadelphia, was sentenced to 15 years in jail for fraud. On Thursday the Court heard six hours of testimony from the FBI about Carter’s crimes.
The sentence was among the highest handed down in federal court in Philadelphia for a white-collar crime in recent years.
U.S. District Judge R. Barclay Surrick said such a stern sentence was justified, in part, because Carter tried to steal another $1 million by converting a museum life insurance policy after the FBI raided his home, and, after his guilty plea, lied to the IRS about his assets.
“This case is truly a tragedy,” Surrick said.
John Carter Criminal Restitution and Loss Chart (via Philadelphia Inquirer)
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End of a sad story.