Goodell used phony e-mails to further his fraud by making it appear an executive with the non-profit Rescue Mission had authorized the transactions. When executives first noticed depletions in their account, Goodell sent them a new, falsified statement, saying the previous one was in error. At one point, to keep the fraud going, Goodell shaved his head and claimed he had been diagnosed with cancer and therefore needed to save up his annual leave. In truth, Goodell did not want to take leave or be away from the bank because of the risk his scheme would be uncovered. Goodell was fired by the bank in December 2010.
In asking for a significant sentence prosecutors wrote that for more than six months, Goodell pursued a fraud against the bank “with a vengeance. Not only did he methodically drain one TRM account after another, after he had nearly drained all of its accounts, he fraudulently used the identity of a TRM officer to open yet another account. Even after being confronted by [a TRM executive], Goodell brazenly continued the fraud the day after he assuaged [the executive’s] concern by sending her a fraudulent account statement.”
The case was investigated by the FBI and Internal Revenue Service Criminal Investigation (IRS-CI). The case was prosecuted by Assistant United States Attorney Arlen Storm.