...used the fraudulently obtained funds to purchase a Mercedes-Benz Model E; purchase a diamond engagement ring; make a down payment on a $1.875 million condominium in Boston’s Seaport neighborhood; and place a deposit on a wedding venue. (Source: US DOJ)
Bhambi has now pleaded guilty. Sentencing to follow. (She's facing up to twenty years and a hefty fine...) Plus:
In connection with the charges, the Court issued seizure warrants for the Mercedes, over $1 million in fraud proceeds from accounts the defendants controlled, $49,985 from the wedding venue deposit and issued a restraining order to preserve the Seaport condominium for forfeiture.
Recently, when the news of her plea deal came out, after shaking my head at wonderment about what a freaking fool she is, I went to the Google to see if I could find a bit more info on Priya Bhambi.
Among the goodies I came across was an article by Bhambi published on a LinkedIn site last summer - months after she was indicted - in which she blathered on about how "Digital Transformation is Fostering Workplace Diversity." Great if that's the case, but EmployabilityLife might want to stop taking advice from Priya Bhambi.
For example: she writes about how those hoping for a more inclusive and diverse workplace should focus on monitoring and metrics. Focusing on monitoring and metrics is likely what tripped up Bhambi and her co-conspirator. I mean, while they managed to get away with their theft for a while, somewhere it looks like there were some controls at Takeda that kicked in. Some monitoring. Some metrics.
And Bhambi was quite a bit up on "remote and flexible work arrangements... granting personnel more freedom over where, when, and how they work, resulting in greater job satisfaction and better mental health." Wonder if it was those remote and flexible work arrangements that enabled Bhambi to get away with their scam for a while. And stealing a couple of million bucks no doubt gave her "greater job satisfaction" but probably not, in the long run, "better mental health."
And amazingly Priya Bhambi's personal/professional website is still up, where we learn that:
Priya Bhambi is a highly accomplished executive in the biotech and pharmaceutical industry...[who] has consistently achieved remarkable results and contributed to organizational growth.
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