An employee who once worked for Weatherford has just been sentenced to spend 20 months in prison for siphoning off about $485,000 and depositing the money into his own personal accounts.
According to his plea agreement, Kiran Andhavarapu, 45, plead guilt to one count of bank fraud. He was sentenced by U.S. District Judge Keith P. Ellison on Thursday.
Andhavarapu worked in the finance department of EProduction Solutions which is a subsidiary of Weatherford, and had access to checks sent by vendors. Between February 2014 and November 2015, Andhavarapu opened two bank accounts in his name and deposited 36 checks made out to EProduction Solutions, according to the plea agreement. The missing checks were discovered by Weatherford in December 2015 and Andhavarapu was confronted. He repaid the full amount.
Andhavarapu will remain in custody pending transfer to a federal prision.
“Judge Ellison was extremely fair in his sentencing and took into account my client’s history and balanced it with a sense of fairness and justice,” said Houston criminal defense lawyer Gene Tausk who represents Andhavarapu. One of the factors was Andhavarapu’s military record, serving 11 years in the U.S. Army in Afghanistan, Guatemala and South Korea.
Article written by HEI contributor Lydia Ezeakor.