David I. Hillman, 31, of Aurora, Colorado, was sentenced April 9 by U.S. District Court Judge Philip Brimmer to five years in federal prison for conspiracy to launder money, engaging in monetary transaction in property derived from specified unlawful activity, and making false statements to a federal law enforcement agent.
Hillman was also ordered to pay $809,578 in restitution to Great-West Life and Annuity Insurance company, according to a statement from the FBI.
Hillman was indicted by a federal grand jury in Denver on April 20, 2009. On Nov. 17, 2009, he was found guilty by a jury after a five-day trial.
Hillman conspired with his ex-girlfriend, Hillary Shaffer, to steal hundreds of thousands of dollars from Greenwood Village-based Great-West, where he was employed from 1999 through March 2001.
Shaffer also worked at Great-West. Shaffer diverted payments from Great-West to herself and Hillman, who was her boyfriend at the time. Shaffer was charged and pled guilty to wire fraud, then cooperated with the investigation, resulting in a 22-month sentence.