This article was published on September 7, 2011

Former Microsoft accountant sentenced to two years imprisonment for stealing $1.1m


Former Microsoft accountant sentenced to two years imprisonment for stealing $1.1m

Former Microsoft accounts analyst Randal Ray Seal was found guilty of stealing over a million dollars from the company’s coffers and sentenced to two years in jail, according to a report by Seattle P-I. The 54-year-old Shoreline, WA resident was indicted in December 2010 and pleaded guilty in May this year.

According to federal prosecutors, Seal exploited a loophole in Microsoft’s bookkeeping system and had been surreptitiously laundering the money since 2003, only to be discovered after he had left the company. He has repaid $515,000 to the Redmond-based company and has been ordered by Judge James Robart to pay an additional $550,000.

Seal was initially hired to work for a Microsoft contractor back in the ’90s and was later offered a position in Microsoft’s accounting department. According to his own testimony, he had to go through repeated internal audits in 2003, which bruised his ego and made him decide to teach “a lesson to his superiors”.

He started exploiting holes in Microsoft’s accounting infrastructure to repeatedly wade into the company’s cash reserves, fully intending to one day point out the flaws in the company’s systems and return the money. But when he was abruptly fired in 2004, he decided to take the money with him.

The <3 of EU tech

The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!

When the FBI caught up with him, he owned up to his actions and promised to pay back what he owed the company. However, Judge Robart deemed that to not be enough and wanted to demonstrate that “the accountants of the world can end up going to jail” because of money laundering and theft. As a result, Seal is now looking at two years of imprisonment for his misdeeds.

Get the TNW newsletter

Get the most important tech news in your inbox each week.

Also tagged with


Published
Back to top