Wednesday, January 14, 2009

West Point IT Manager Arrested For Alleged $3 Million Embezzlement

Bobbie Cyana Ryan, 50, of Highland Falls, New York, was arrested today on charges she embezzled some $2.9 million from the U.S. Military Academy at West Point. Ryan was employed in the Information, Education and Technology Division in the Office of the Dean and was in charge of training programs. Prosecutors believe Ryan created false invoices, for which she authorized payments with her government purchase card and had funds transferred to a bank account she controlled in the name of “Bobbie C. Ryan dba CWG Enterprises," and then used the funds for her own personal benefit.

Read the story here, here and here.
Update (3/23/10): Bobbie Cyana Ryan, now 51, was sentenced to 46 months in prison for embezzling a total of $2,924,966 from the US Military Academy. Ryan, who worked in the Office of the Dean, pleaded guilty last Fall.

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