Denver couple sentenced to prison, $20 million in fines for wire fraud

A Denver couple was sentenced to prison and ordered to pay more than $20 million in fines and restitution after they were convicted of wire fraud against a Department of Defense contractor.

Michael Aaron Tew was found guilty of 46 counts of wire fraud, money laundering and failing to file his taxes, while Kimberly Ann Tew was found guilty of 14 counts of wire fraud and money laundering, according to court records.

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The Tews were accused of filing dozens of false invoices with National Air Cargo, a logistics company, according to the U.S. Attorney’s Office for the District of Colorado.

The couple obtained $5 million through the scheme and spent most of it on gambling and cryptocurrency, the agency said in a news release Wednesday.

Kimberly Tew, 43, was sentenced to 4 years in prison and more than $10 million in money judgements, restitution and fines. Michael Tew, 45, was sentenced to 42 months in prison and approximately the same money judgements, fines and fees.

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“The Tews enriched themselves by exploiting the trust of an employer, and they deserve every day of these sentences,” said acting U.S. Attorney for the District of Colorado Matt Kirsch in a statement.

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