Reva K. Vera, the former shipping manager for American Extrusion International (AEI), was charged with two counts of federal mail fraud in a Rockford federal court on December 17th. According to the indictment, Vera defrauded AEI out of over $350,000 in a scheme that ran from May 4, 2012 through October 9, 2013. While acting as the shipping manager for AEI, Vera allegedly created and submitted fictitious invoices from Val Tech Inc. and TQL for shipping services that the companies never performed. AEI’s accounts payable department then generated checks for the fictitious invoices and sent them to addresses associated with the two companies.
The indictment alleges that a check for $85,993 was made payable to Val Tech, Inc. and sent to an address belonging to Vera’s relative in Beloi. It is also alleged that $266,810.23 in checks were made payable to TQL and sent to a Loves Park post office box that Vera controlled. All of these checks were either cashed or deposited into her personal bank accounts.
Reva Vera was released on bond and is scheduled to appear for a status hearing at 11:00 a.m. on January 27, 2014 before United States Magistrate Judge P. Michael Mahoney. Each count of mail fraud is punishable with a maximum sentence of 20 years in prison, fines up to $250,000, and a restitution amount to be determined.
This case is being prosecuted by Assistant United States Attorney Joseph C. Pederson.