Former Executives Sentenced in $1.9 Million Fraud Scheme

Former executives get prison for nearly $2M defrauding of Arrow Electronics

A former vice president at Colorado-based Arrow Electronics and the CEO of a contractor have been sentenced to federal prison for defrauding Arrow, a global provider of technology services and components, of nearly $2 million. Michael Vergato, 52, who worked for Arrow, was sentenced to 46 months in prison. Mark Perlstein, 60, was sentenced to 25 months and fined $15,000. The U.S. Attorney’s Office for the District of Colorado said Monday that Ve…

Executives of Colorado company jailed for nearly $2M fraud scheme

DENVER (KDVR) — Two former executives of a Colorado-based company were sentenced to several years in prison and a restitution of almost $2 million after being convicted on several counts of wire fraud. On Monday, the United States Attorney’s Office for the District of Colorado said the former vice president of Arrow Electronics, Michael Vergato, 52, was sentenced to 46 months, almost three years, in federal prison and fined $20,000 after he was …

Former executives sentenced in $1.9 million fraud scheme

DENVER, Colo. (KRDO) -- Two men in Colorado have been sentenced to federal prison after a scheme that defrauded a Colorado-based data management company of nearly $2 million.  Michael Vergato, 52, has been sentenced to 46 months in federal prison and fined $20,000. His co-defendant, Mark Perlstein, 60, received a 25-month prison sentence and a $15,000 fine, according to the United States Attorney’s Office for the District of Colorado (USACO). US…