old XJ/9E IT Director stole $1.1 million
 

We're Saved!!! Based on the headline I was hoping it was Phil but no luck.

http://www.commercialappeal.com/news...ty-wire-fraud/

Former Pinnacle exec pleads guilty to wire fraud

A former executive of Pinnacle Airlines pleaded guilty Monday to wire fraud after he stole about $1.1. million from the company, the U.S. Attorney’s office announced today.

Frank Richard Raasch, 38, a former resident of Lakeland, will be sentenced June 28. He faces up to 20 years imprisonment and a fine of up to $250,000.

Until he was fired last November, Raasch was director of information technology, major projects and transition at Pinnacle. He held a similar post at Mesaba Airlines, which Pinnacle bought in 2010.

According to the U.S. Attorney’s office, Raasch submitted fraudulent invoices in the name of a fictitious company from 2007 through last November.

Once the invoices were approved and Pinnacle issued checks, Raasch deposited them in bank accounts he controlled.

So that's where our pay checks went .......

Wonder if he got his check on time?

Pinnacle Executive sentenced to 20 years
 

Former Pinnacle exec pleads guilty to wire fraud » The Commercial Appeal


HO-LEE-$H1T!!!!! DAYYUUUMMNNN

he has not been sentenced. It is he can be sentenced up to 20 years.

But how many of those will he spend on reserve?

He'll be junior manned in the shower room.

He'll be the junior all right...maybe even the misses. :D

So let this be a lesson to all of you:

When you send fictitious invoices to a company whose finance (and payroll) department is dumb enough to pay any random bill that comes through.... Don't use the same fake name and bank account for four years! Change them every few weeks, and the schmucks will never know.

lol. I love all the funny posts above. It's like it's our defense mechanism in this sh tty industry. If you can't beat'em, just laugh it up.

All of 'em. But he will have more days off and better QOL than a FO at 9E....:D

----- Entered in error -----

41 Months
 

plus restitution of $1,100,384!

Only $1.1 million? No wonder he's going away. He didn't steal enough to be promotable :D

True. So true, or more rightly so, ridicule each other and throw mud (personal attacks) at one another. Cockpit crew MOD

41 months? He was stealing for a longer period of time than he will be in jail.

can we start making bets that when he comes out of jail, which airline will hire him.

I'm guessing Commutair just because Timmay made it through the interview/back ground check.

or gojets, i hear they are hiring..

He'll be working there IN no time. You had to go there :D

.Who is this Timmay guy and what is his claim to fame? I see his name a lot.

Please take the time to read the entire thread. There are some good lessons in here...

http://www.airlinepilotforums.com/mi...-magazine.html

I would bet he gets a job at delta BEFORE most of the PNCL FO's

I seriously cannot believe I wasn't THE only one to point this out

Glad to hear he can still LOCK down a position. :)

In regards to hiring, before I apply anywhere else, can anyone tell me about the seat lock at GoJetssss?

looooooooooooooooooooooooooooooooooooooooooooool