Daniel Cavey, 51, of Jacksonville Beach, Florida, has been sentenced to nine years in federal prison for his role in a multi-year wire fraud scheme to defraud a chain of home improvement stores.
Evidence obtained in the investigation revealed that Daniel Cavey, along with his conspirators, was involved in an extensive, multi-state scheme to defraud a chain of home improvement stores.
Cavey and others would gain access to corporate accounts and then create fraudulent forms of identification for authorised users on the corporate account.
Once at the home improvement store, Cavey would shop and charge the purchases to the various corporate accounts. Once the merchandise had been fraudulently obtained, Cavey would sell it for a profit.
United States District Judge David C. Norton sentenced Cavey to 108 months imprisonment, to be followed by a three-year term of court-ordered supervision.
The sentence was broken down as follows: 84 months for counts one and two and 24 months for count eight, which charged Cavey with aggravated identity theft.
There is no parole in the federal system. Cavey was also ordered to pay $1,126,686.29 in restitution.
