US Attorney Former Chief Operating Officer of Montgomery County Department of Economic Development Sentenced to Four Years in Federal Prison for Embezzling over $

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Press Release: U.S. Attorney’s Office, District of Maryland

U.S. District Judge Paula Xinis sentenced Byung Il Bang, a/k/a Peter Bang, age 59, of Germantown, Maryland, today to four years in prison, followed by three years of supervised release for federal wire fraud and tax charges, in connection with a scheme in which he embezzled over $6.7 million from the Montgomery County government and failed to report the money as income on his tax returns. Judge Xinis continued the sentencing hearing concerning restitution and forfeiture until Friday, March 1, 2019, at which time the judgment will be finalized.

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