{"id":656,"date":"2007-05-07T12:31:42","date_gmt":"2007-05-07T17:31:42","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/2007\/05\/07\/sentencing-of-milwaukee-embezzler-andy-bandy-coming-up-this-week\/"},"modified":"2012-04-23T13:26:50","modified_gmt":"2012-04-23T18:26:50","slug":"sentencing-of-milwaukee-embezzler-andy-bandy-coming-up-this-week","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/sentencing-of-milwaukee-embezzler-andy-bandy-coming-up-this-week\/","title":{"rendered":"Sentencing of Milwaukee Embezzler, Andy Bandy, Coming Up This Week"},"content":{"rendered":"

In 2005, I worked briefly on a case involving Andrew Bandy, a property manager for Mallory Properties. Mallory Properties is one of the businesses owned by Milwaukee’s “Guiffre Brothers.” The company purchases distressed properties, renovates them, and rents them out. Bandy was a property manager there, responsible for overseeing the rental of buildings as well as repairs and improvements to those properties.<\/p>\n

Michael Horne has an excellent synopsis of the case<\/a> and the antics prior to this week’s sentencing. Horne writes:<\/p>\n

According to the indictment in United States of America v. Andrew R. Bandy, Case No. 06-CR-257, dated October 11th, 2006, Bandy.s scheme operated from approximately April 2003 to approximately August 2005, employing the .false invoice. method, one of the most common embezzlement techniques.<\/p>\n

The government charged that Bandy created a number of companies and controlled their bank accounts, including one for Click LLC, at Tri City National Bank, another for A. Property Management [APM] at the same bank, and one for Advanced Contracting at Guaranty Bank.<\/p>\n

These firms would bill Mallory for alleged work, and the money, duly laundered, would wind up in Bandy.s personal accounts.<\/p>\n

The scheme was eventually uncovered, in August 2005, but only after Bandy had been accepted as a near-family member by the Giuffres. He was immediately fired, and the Giuffres vowed to never let him steal from others again.<\/p><\/blockquote>\n

In short, Bandy is trying to weasel his way into a shorter sentence. Get this… Bandy pleaded guilty to bank fraud, in exchange for the government droppping 3 other charges against him. The prosecution and defense considered the federal sentencing guidelines, and the sentence should fall within a certain range because of a “base” level of seven, a 12-level increase for a theft over $200,000, a 2-level increase for “abuse of a position of trust,” and a 2-level decrease<\/strong> for “acceptance of responsibility.”<\/p>\n

But Bandy is now saying that instead of embezzling $222,148 from Mallory (per the plea agreement), it really was only $176,000. Is it coincidence that this would get him under $200,000 and reduce his sentence???<\/p>\n

Check out Michael Horne’s site for more on Bandy’s questionable past<\/a>.<\/p>\n

Sentencing is May 11, at 10:30 am<\/span> in the courtroom of Hon. Lynn Adelman, U.S. District Court for the Eastern District of Wisconsin. The sentencing has been delayed until Tuesday, May 29th 2007 at 3:30 p.m.<\/p>\n","protected":false},"excerpt":{"rendered":"

In 2005, I worked briefly on a case involving Andrew Bandy, a property manager for Mallory Properties. Mallory Properties is one of the businesses owned by Milwaukee’s “Guiffre Brothers.” The company purchases distressed properties, renovates them, and rents them out. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[1052],"class_list":["post-656","post","type-post","status-publish","format-standard","hentry","category-fraud-news-stories","tag-embezzlement"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-aA","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=656"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/656\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}