BLOOMINGTON — After about 10 months in federal prison, former McLean County board chairman Matt Sorensen has completed his sentence on wire fraud charges.
Sorensen was sentenced last year to a year and a day in prison related to consulting work he performed for State Farm. He was required to serve 85 percent of the sentence.
Sorensen, 52, left the federal prison in Marion in mid-September for a halfway house in Chicago to begin his transition back into the community. In addition to the time in prison, Sorensen must complete a year of supervised release, formerly known as parole.
He has returned to the Twin Cities.
In his plea agreement with federal prosecutors, Sorensen admitted he participated with Navdeep Arora, a director at McKinsey and Co., in a scheme that cost State Farm about $500,000. The pair submitted false invoices to McKinsey, a Chicago-based consulting firm, for work that was never performed for the Bloomington insurance company.
Both men were held equally responsible for $490,474 in restitution to McKinsey. State Farm was reimbursed $1.4 million by McKinsey. Arora paid $586,000 in restitution in early 2018.
The federal indictments followed a lengthy investigation into how the two men obtained hundreds of thousands of dollars through fraudulent transactions. Arora billed State Farm for extensive personal travel, including trips to domestic and foreign locations.
At his sentencing hearing in September 2017, Sorensen apologized for his misconduct that he acknowledged was at odds with a lifetime of public service. During his County Board tenure, Sorensen was a driving force behind the movement to improve community mental health services in McLean County.