Man steals $1m on ‘Game of War’ and spends it
A Californian man, Kevin Lee Co, misused $4.8m and spent $1m of it on the app, Game of War. From about May 2008 to March 2015, he engaged in a scheme to defraud almost $5 million from his employer Holt.
Kevin abused the authority to conduct hundreds of unauthorised credit card transactions on the company’s account, to change and fraud many records regarding the credit account and to mislead the bank that held the credit account when it made inquiries about his suspicious transactions.
As part of a plea agreement Kevin Lee Co, 45, pleaded guilty to one count of wire fraud and one count of money laundering.
In total, he must pay Holt (also the owner of Game of War) $4,542,236.08 in compensation, and he potentially faces 20 years in prison according to the plea agreement documents.
by Ben, coordinator of the Science and Technology section