A former employee of Bridgestone Americas has pleaded guilty to two counts of wire fraud for carrying out a scheme that resulted in his employer paying nearly $15 million in fraudulent invoices submitted through a fictitious vendor that he created, the U.S. Department of Justice (DOJ) announced Aug. 11.
According to court documents, Sajju Khatiwada was the former assistant treasurer of capital planning and funding at Bridgestone’s corporate headquarters in Nashville from April 2016 until April 2024. As part of his work in Bridgestone’s treasury operations department, Khatiwada “managed the company’s relationships with banks that provided credit card processing services for Bridgestone retail locations across the United States,” according to the DOJ press release.
