An Ashburn, Va., woman will serve 15½ years in prison for defrauding more than 50 people of millions of dollars in a healthcare software scheme, The Washington Post reports.
Five things to know:
1. Keisha Williams, 43, pleaded guilty last fall to 14 fraud-related charges.
2. For four years, Ms. Williams claimed that she had bought telemedicine software from an Austrian company and needed funds to pay taxes and fees on the software, according to the Post.
3. She raised $4 million with the help of a California businessman and more than $1 million from other victims. But Ms. Williams never completed the purchase of the software. In fact, less than $300,000 of the total $5.4 million she had collected went toward the purchase.
4. Instead, Ms. Williams used the majority of the money she raised on a luxurious lifestyle, including stays at five-star hotels, cars, restaurants and high-end clothing.
5. Four other people — including the California businessman — admitted to acting as co-conspirators by lying to investors about where the money was going and how soon Ms. Williams would be able to repay it. Two of the co-conspirators pretended to be federal agents and intimidated people Ms. Williams claimed owed her money.
To access the complete report, click here.