Ex-Yale Employee Admits to Stealing $40 Million in Electronics for Her Own Luxurious Lifestyle

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Ex-Yale Employee Admits to Stealing $40 Million in Electronics for Her Own Luxurious Lifestyle
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A former employee at Yale University School of Medicine stole $40 million worth of electronics from the university to resell for her own luxurious lifestyle

By Chatwan MongkolA former employee at Yale University School of Medicine stole $40 million worth of electronics and computer hardware from the university to resell for personal expenses including expensive cars, real estate and travel,Jamie Petrone, 42, pleaded guilty Monday in federal court in Hartford, Connecticut, to one count of wire fraud and one count of filing a false tax return. Both counts carry maximum terms of imprisonment of 20 years and three years, respectively.

The prosecutors said Petrone’s scheme began as early as 2013, using the school funds to order electronic hardware from Yale vendors and arranging stolen hardware for an out-of-state business in exchange for money. Petrone was employed by Yale School of Medicine’s Department of Emergency Medicine in 2008, and most recently served as the department’s director of finance and administration.Download NBC 5 Dallas-Fort Worth

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