Former Virginia EDA director sentenced to 14 years for stealing over $5 million

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Jennifer Mcdonald News

EDA,Fraud,Money Laundering

For more than four years, McDonald used the EDA's bank accounts and credit facilities to divert public funds, court documents said.

Jennifer McDonald, 45, of Front Royal, was convicted in November 2023 of seven counts of wire fraud, six counts of bank fraud, sixteen counts of money laundering, and one count of aggravated identity theft.

Jennifer Rae McDonald, 45, of Front Royal, was convicted following a 9-week jury trial in November 2023 of seven counts of wire fraud, six counts of bank fraud, sixteen counts of money laundering, and one count of aggravated identity theft. “The FBI is committed to investigating elected officials who abuse their positions for personal gain,” Special Agent in Charge Stanley Meador of the FBI’s Richmond Division said today. “I am proud of the work our team and partners did to uncover Ms. McDonald’s complex fraud scheme and to bring her to justice.”

 

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