Leesburg Man Sentenced for Embezzling Millions from Herndon Company

A Leesburg man has pleaded guilty and been sentenced to three years in prison for embezzling nearly $3 million from his Herndon employer and falsely reporting the funds as legitimate corporate expenses.

According to a statement from the Department of Justice, Victor R. DeAnthony, Jr., 47, of Leesburg, was president of the systems engineering and integration company Insequence, Inc., headquartered in Herndon, from 2004 until he was terminated in 2013.

During those nine years, authorities say DeAnthony paid himself additional salary and bonuses without approval, in addition to using company funds for personal reasons.

"DeAnthony caused approximately $556,000 to be paid from Insequence’s corporate bank account to his mortgage lender to pay his monthly mortgage…DeAnthony used the embezzled funds to, among other things, purchase real estate, an automobile, personal watercraft, and a recreational vehicle," the DOJ's statement indicated.

According to court records, in order to conceal the fraud, DeAnthony made false entries into the company’s accounting software.

For example, "In January 2012, DeAnthony wire transferred $59,612.83 from Insequence’s bank account to a title company in order to pay for expenses related to the sale of his personal residence in Leesburg," the DOJ's statement reads. "Later, in accounting records, DeAnthony falsely represented the transaction as a corporate 'Facilities: Moving Expense.'"

Additionally, in May 2012, DeAnthony wire transferred $38,241.62 from Insequence to an account belonging to a law firm in South Carolina that assisted DeAnthony with "a personal real estate purchase."

"In order to disguise the payment, DeAnthony falsely identified the payee as a northern Virginia law firm that the company had hired to negotiate a corporate income tax issue," the DOJ said.

DeAnthony was sentenced on Thursday to three years in prison plus three years of supervised release for wire fraud and embezzlement. He was also ordered to pay the full amount he embezzled, $2,902,868, in restitution.