(The following press release from the U.S. Attorney's Office for the
Northern District of Georgia was received by e-mail and was reformatted. The
sender verified the statement.)
United States Attorney Sally Quillian Yates
Northern District of Georgia
FOR IMMEDIATE RELEASE
MONDAY, OCTOBER 21, 2013
FORMER COCA-COLA EMPLOYEE CHARGED WITH FRAUD
ATLANTA - Jeffrey David Shamp has been arraigned on federal charges of fraud
and money laundering. He was indicted by a federal grand jury on Oct. 15, 2013.
"This defendant is charged with using corporate American Express gift checks to
pay personal expenses," said United States Attorney Sally Quillian Yates. "We
will continue to ferret out those who abuse positions of trust for personal
"The United States Secret Service and our law enforcement partners work
tirelessly to thoroughly investigate cases like this. We will continue to take
an aggressive approach towards those who violate the faith and trust of
businesses to further their financial crime activity," said Reginald G. Moore,
Special Agent in Charge of the United States Secret Service, Atlanta Field
"Mr. Shamp used deceit and fraud, in the misuse of a marketing tool intended to
promote the good name of Coca-Cola, for his own personal benefit," stated
Veronica F. Hyman-Pillot, Special Agent in Charge, IRS-Criminal Investigation.
"IRS-CI is committed to unraveling financial transactions and money laundering
schemes where individuals attempt to conceal the true source of their money."
According to United States Attorney Yates, the charges, and other information
presented in court: Jeffrey Shamp worked for The Coca-Cola Company from
approximately July 2002, to November 2011, most recently as a Senior National
Account Executive based in Massachusetts. In his position, Shamp was
authorized to order American Express ("Amex") gift checks to be used as part of
a sales incentive program for Coca-Cola's customers. From approximately
November 2005, through September 2011, Shamp fraudulently obtained Amex gift
checks under the false pretense that the checks would be used as part of
Coca-Cola's sales incentive program, when in fact Shamp used them to pay for
over $400,000 in personal expenses.
Shamp, 40, of Cincinnati, Ohio, was arraigned today before United States
Magistrate Judge E. Clayton Scofield III.
The wire fraud charges in this case each carry a maximum sentence of 20 years
in prison and a fine of up to $250,000. The money laundering charges each
carry a maximum sentence of 10 years in prison and a fine of up to $250,000.
In determining the actual sentence, the Court will consider the United States
Sentencing Guidelines, which are not binding but provide appropriate sentencing
ranges for most offenders.
Members of the public are reminded that the indictment only contains charges.
The defendant is presumed innocent of the charges and it will be the
government's burden to prove the defendant's guilt beyond a reasonable doubt at
This case is being investigated by the United States Secret Service and
Internal Revenue Service Criminal Investigation.
Assistant United States Attorney Steven D. Grimberg and Intern Ryan Freeman are
prosecuting the case.
For further information please contact the U.S. Attorney's Public
Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016. The Internet
address for the HomePage for the U.S. Attorney's Office for the Northern
District of Georgia is www.justice.gov/usao/gan .
CONTACT: Bob Page, PAO
Press spacebar to pause and continue. Press esc to stop.