www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Hotels
Sign In / Register | Archive
Expressindia » Story

Indian gets 15 years in jail for embezzling 9/11 funds

Font Size

Agencies

Posted: Jul 12, 2008 at 1835 hrs IST

New York, July 12: An Indian-origin former high-ranking officer has been sentenced to 15 years in prison by a court in New York for siphoning government money to the tune of USD 9 million, most of which was intended to help identify victims of 9/11 terror attacks, and stashing it away in India.

Natarajan R Venkataram, 43, was also ordered to pay USD 2.97 million in restitution and forfeiture by Manhattan federal court's District Judge Robert P Patterson.

A tearful Venkataram apologised before he was sentenced saying he was ‘ashamed’ to have ‘terribly failed everyone with my wrong decisions. I will regret this great loss for the rest of my life,’ he said.

Venkataram, who was arrested in 2005 for doling out lucrative contracts to shell computer companies, including some from India, had in October, 2007 pleaded guilty to one count of conspiracy, one count of embezzlement and misapplication of funds and fourteen counts of money laundering, according to court documents.

Venkataram served as a director of New York's Office of the Chief Medical Examiner for 13 years.

Between 1999 and 2005, Venkataraman steered more than USD 13 million in contracts and purchase orders to fictitious companies with the help of co-accsued Rosa Abreu, 42, Director of Records at the Office of the Chief Medical Officer (OCME).

The scam had started before the World Trade Tower attacks in 2001 but intensified after OCME developed an acute need for computer services following the September 11 tragedy, when the department was assigned the task of identifying victims through the forensic analysis of body parts and other evidence collected at Ground Zero.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

No significant change in Chinese activities on border: Govt

Kakodkar steps down as AEC chairman

Govt seeks report on CAT test disruption

Madhu Koda arrested by Vigilance Commission

Kazmi removed as Kasab's lawyer for 'not co-operating'

Ishrat Jahan case: SC stays further proceedings in Guj HC

N-contamination: Probe team questions Kaiga employees

More
Featured Services
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map