TOPEKA, Kan. (AP) A former executive of a struggling Kansas high-tech company has been given probation for defrauding the United States by creating false invoices on government contracts.
Aaron Madison was executive vice president and chief operating officer of Manhattan-based NanoScale, a small company that makes advanced chemistry products. He pleaded guilty earlier to wire fraud.
The U.S. attorney’s office says Madison was sentenced Thursday to two years of probation and ordered to pay slightly more than $17,211 in restitution.
Federal prosecutors said 90 percent of NanoScale’s business came from government contracts, most with the Defense Department. Madison was accused of manipulating contract costs between 2009 and 2011 and falsifying invoices to the government to help the company meet payroll and other expenses.
