A University of Colorado at Boulder professor pleaded guilty Monday to to mail fraud and aiding and abetting.
The government alleges that Oleg Viktorovich Vasilyev, 50, a professor in the department of mechanical engineering, obtained a $234,000 federal contract 12 years ago without approval of the university.
Vasilyev, the government alleges, then submitted invoices to the Los Alamos National Laboratory (LANL) to pay his salary and for a graduate assistant.
The government said Vasilyev then used the money for "unallowable costs, such as more than $140,000 for international travel unconnected to any work for LANL. Other unallowable costs included dues, subscriptions, conference registration fees, and out of state travel." The government added that "Vasilyev agreed to repay the University of Colorado a total of $185,879, but the total actual loss associated with Vasilyev’s fraud remains in dispute."
Read more at the Denver Business Journal: https://bit.ly/2LeNidn