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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WASHINGTONEXAMINER.COM:

A naval officer who cheated the government out of more than $2.7 million to buy a second home, luxury vehicles and to feed a high-stakes poker habit, has been sentenced to more than four years behind bars.

Lt. Randolph Prince, 45, from Virginia Beach, Va., used his position as a member of Explosive Ordnance Disposal Training and Evaluation Unit 2 to coordinate government contracts of “inert training aids” – fake bombs – with fictitious companies, according to the Virginian-Pilot. The phony companies were created so Prince could award them government contracts.

The article goes on to state the following:

The deliveries never arrived, Prince and his co-conspirators created false documentation to show they had been received so the Navy would pick up the tab. Prince used the $2,719,907 he netted from the scheme to purchase luxury vehicles and a second home. Additionally, it supplemented his high-stakes poker habits.

Prince pleaded guilty in August to wire fraud and to making a false statement on his tax returns in 2014. Lt. j.g. Courtney Cloan and former sailor Clayton Pressley III have also pleaded guilty to participating in the scheme.

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