06/08/2026 | Press release | Distributed by Public on 06/08/2026 10:42
Louisville, KY - A Nashville man was sentenced on June 4, 2026, to 2 years and 2 months in federal prison for two counts of wire fraud.
U.S. Attorney Kyle G. Bumgarner of the Western District of Kentucky and Special Agent in Charge Robert Holman of the United States Secret Service Louisville Field Office made the announcement.
Aaron Vallett, 48, was sentenced to 2 years and 2 months in federal prison, followed by a 3-year term of supervised release, and ordered to pay restitution in the amount of $101,630.56 for two counts of wire fraud. In or about and between July 2020 and November 2021, Aaron Vallett, as the Chief Financial Officer for a local home remodeling company, stole more than $100,000 from his employer. He used access to the company's bank account, granted to him by virtue of his position, to devise and execute a scheme to steal the company's funds for his own use and benefit.
Vallett was previously convicted in 2012 of mail fraud, wire fraud, and theft from an ERISA plan, for which he was sentenced to 10 years in federal prison, followed by three years of supervised release, and ordered to pay restitution in the amount of $5,492,548.77. Vallett's current scheme began almost immediately after his release from his 2012 conviction, while he was on supervised release.
There is no parole in the federal system.
This case was investigated by the United States Secret Service.
Assistant U.S. Attorney Nicole Elver prosecuted the case.
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