Byung Il “Peter” Bang received a 15-year sentence for embezzling $6.7 million from Montgomery County on Thursday. Bang, a former official with the Department of Economic Development, had concocted elaborate schemes to hide his thefts, which he used on gambling, prosecutors said. In his sentencing memo to Circuit Court Judge Cheryl McCally, State’s Attorney John […]
Former County Official, Who Embezzled $6.7M, Gets Four Years
A former chief operating official with Montgomery County’s Department of Economic Development was sentenced to four years Friday for an embezzlement scheme that stole $6.7 million from the county, according to a Justice Department statement. Byung Il “Peter” Bang, 59, who lives in Germantown, had pleaded guilty in U.S. District Court in Greenbelt to the […]
Former Economic Development Officer Pleads Guilty to Embezzling $6.7 Million
Byung Il “Peter” Bang, a Montgomery County government employee for many years, pled guilty Friday morning in U.S. District Court in Greenbelt to embezzling $6.7 million in county funds that were earmarked to assist small businesses, according to a press release form the U.S. Justice Department. Bang, a Germantown resident, was the Chief Operating Officer (COO) […]
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