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Virginia Beach naval officer stole $2.7m to fund his gambling habit

January 10, 2019 - 5:03 pm
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A Virginia Beach naval officer will spend four years behind bars after he defrauded the government out of $2.7 million to fund his big time poker habit.

Lt. Randolph Prince steered government contracts to sham companies run by his buddies, according to The Virginian Pilot.

“It’s a shame that he squandered an otherwise outstanding 27-year Naval career,” defense attorney Shawn Cline said in an email to the newspaper. “He suffered from a terrible gambling addiction and abused a position of trust to fuel that addiction.”

Prince was  a member of  Explosive Ordnance Disposal Training and Evaluation Unit 2.  His co-conspirators were a naval flight officer, Lt. j.g. Courtney Cloman, and a former sailor, Clayton Pressley III.  Both have already pleaded guilty as well.

The three created sham companies that 'sold' the Navy “inert training aids."  The fake bombs never shipped but marked as delivered.

Prosecutors say that Pressley was the mastermind behind the fraud scheme, and enlisted the other two to participate.  But prosecutors felt Prince's complicit williness was just as damning.  Pressley has already been sentenced to two years in prison, and then another four years and two months on other charges connected to the case.

In addition to the prison sentence, U.S. District Judge Robert G. Doumar ordered Prince to pay $2,719,907 in restitution.

 

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