$1 million theft from C.R. England school results in 2-year prison term

| Thursday, June 09, 2011

A financial controller with C. R. England stole more than $1 million from megacarrier C.R. England over a three-year period by skimming the company’s truck driving school fees.

He’ll now spend more than two years behind bars for the crimes.

Nathan Lee Kapp, 36, pleaded guilty in March to mail fraud and money laundering. This week, Kapp was sentenced by U.S. Judge Clark Waddoups to serve 30 months in prison followed by 36 months of supervised release. He also must pay $666,780 in restitution.

Court records show that Kapp’s responsibilities as controller at Utah-based C.R. England included reconciling cash receipts at the motor carrier’s educational facilities. The students, who arrive at the school in waves each week, court documents show, often pay before classes begin, and many pay with cash.

Kapp deposited $10,000 or more in a typical week into his personal bank account, taking $1.3 million in total. When an employee at the credit union Kapp had an account with questioned him about deposits, Kapp said he “owned a business selling beach towels and sunglasses and that the cash was from that business,” court records state.

Kapp bought cars, a house, and had expensive concrete countertops with the money, court documents show.

The federal government has seized Kapp’s home, a 2010 Lexus ES 350, a 2006 Acura TSX, a 2008 Infiniti QX56, a credit union account and $40,000 in cash.

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