A former Yale employee admits she stole $40 million in electronics from the university

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For years, Jamie Petrone had been stealing electronics ordered for Yale University and reselling the items, as she admitted in her guilty plea. She used the money to buy herself luxury cars and multiple homes:

A former Yale University administrator has pleaded guilty to a years-long scheme of stealing electronics ordered for the university and reselling the items. Here, a shuttle drives students around Yale's campus.

Petrone's ploy started as far back as 2013 and continued well into 2021 while she worked at the university, according to the U.S. Attorney's Office for the District of Connecticut. Petrone would ship this equipment out herself to the third-party business that would resell the equipment. It would later pay Petrone by wiring funds into an account of Maziv Entertainment LLC, a company she created.

Her scheme continued successfully until August 2021, when Yale officials received an anonymous tip that Petrone was ordering"suspiciously high volumes of computer equipment," court records state. These orders were made more suspicious by the fact that Petrone was putting some of the packages in her own car.

 

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