Date: March 17, 2025
Contact: newsroom@ci.irs.gov
Salt Lake City, UT — A Davis County man pleaded guilty in court today to embezzling approximately $1.7 million from his employer for his own benefit.
Timothy Sean Edgar of Farmington, Utah, was charged by felony information March 11, 2025, for wire fraud and money laundering.
According to court documents and admissions made at the change of plea hearing, beginning in 2021 and continuing until October 2024, Edgar defrauded his employer to obtain money and property by stealing and lying. As part of Edgar’s scheme, he fraudulently opened a sales channel through a popular online marketplace and used his employment credentials to access the vendor portal and redirect Automated Clearing House payments to his personal bank account. Edgar then made payments back to his employer using his personal credit card. Edgar embezzled approximately $1,778,251 from his employer.
Edgar is scheduled to be sentenced Aug. 7, 2025, at 1:30 p.m. before a U.S. District Court Judge at the Orrin G. Hatch United States District Courthouse in downtown Salt Lake City.
Acting United States Attorney Felice John Viti of the District of Utah made the announcement.
The case is being investigated jointly by the Internal Revenue Service Criminal Investigation (IRS-CI), FBI Salt Lake City Field Office, and the North Salt Lake City Police Department.
Assistant United States Attorneys Mark E. Woolf and Jacob J. Strain of the U.S. Attorney’s Office for the District of Utah are prosecuting the case.
IRS-CI is the criminal investigative arm of the IRS, responsible for conducting financial crime investigations, including tax fraud, narcotics trafficking, money-laundering, public corruption, healthcare fraud, identity theft and more. IRS-CI special agents are the only federal law enforcement agents with investigative jurisdiction over violations of the Internal Revenue Code, obtaining a 90% federal conviction rate. The agency has 20 field offices located across the U.S. and 14 attaché posts abroad.