A Navy officer from Virginia Beach has been sentenced for stealing money to fund his high stakes poker career. Lt. Randolph Prince, 45, was sentenced to over four years in prison for stealing $2.7 million for poker, fancy cars, and a vacation home.
He directed his unit’s supply contracts for “inert training aides” to fictitious companies. He and his accomplices ran the fake businesses and profited from the contracts.
27 Year Navy Career Down the Drain
Randolph had a long and distinguished Navy career up until he was caught funneling millions of dollars to himself and buddies. He spent nearly three decades serving his country before turning to criminal activities.
“It’s a shame that he squandered an otherwise outstanding 27-year Naval career,” said Shawn Cline, Prince’s defense attorney. “He suffered from a terrible gambling addiction and abused a position of trust to fuel that addiction.”
The Navy Times reports that Clayton Pressley III (former sailor) and Lt. j.g. Courtney Cloman (flight officer) served as Randolph’s accomplices.
How the Plot Went Down
Prince, a member of Explosive Ordnance Disposal Training and Evaluation Unit 2, made requests to buy military equipment for his command. He signed off on the phony packages once they were delivered.
The Navy never received any of the products that they were paying for. Instead, Prince, Pressley, and Cloman were dividing the money up. They were eventually nabbed on charges of wire fraud and creating a false 2014 tax document.
Pressley is already in prison for identify theft and awaits sentencing on the latest charges. He’s currently serving two years in prison for his initial crime.
Cloman will be sentenced on February 7.
Prince is the first to be sentenced in the case. His 4+ year prison stint doesn’t bode well for Pressley and Cloman.
Prince began his Navy service in 1991, when he enlisted at age 18. He spent 17 years in the enlisted category before getting a commission in 2008. He became a lieutenant in 2012.