Michael Dung Nguyen, 28, was sentenced to 30 months in prison on Monday after pleading guilty to theft and money laundering charges in December.
The Oregon man, a graduate of the United States Military Academy at West Point, admitted to stealing more than $690,000 from Commander’s Emergency Response Program funds entrusted to him. The currency was intended as payment for security contracts as well as humanitarian relief and reconstruction programs.
US District Judge Ancer Lee Haggerty also ordered Nguyen to undergo mental health treatment and serve three years of supervised release after his term in jail.
The convict is also required to pay back $200,000 he spent on luxurious cars and other items in an attempt to hide the embezzled money.
Federal investigators say Nguyen, a purchasing officer in Muqdadiya, Iraq, stole bills from the bundled stacks and mailed them in boxes to his family home in Beaverton, Oregon.
Nguyen reportedly tried to hide the money shortly after his return from Iraq in 2008 by depositing it at banks around Portland, bought a BMW, a Hummer, electronic equipment and furniture.
The investigators also found $300,000 cash hidden in the attic of his house.
Filed under: Military Industrial Complex | Tagged: Ancer Lee Haggerty, Beaverton, Commander's Emergency Response Program, Corruption, fraud, Iraq, Michael Dung Nguyen, Muqdadiya, Oregon, United States Military Academy, West Point |