embezzlement News

Maryland Businessman Pleads Guilty to Stealing Up to $1.5M in Wine

A Maryland man pleaded guilty Tuesday to embezzling up to $1.5 million in upscale wine from customers who paid him to store the bottles, which he sold without their knowledge. A plea agreement calls for William Lamont Holder, 54, of …

Virginia Woman Accused of Embezzling $93K from Company for Wedding

A Virginia woman is accused of embezzling more than $93,000, which she allegedly funneled toward her wedding, among other expenses. News outlets report 32-year-old Vanessa Cline worked as a bookkeeper for No Limits Construction, replacing another who was convicted of …

Massachusetts Insurance Agency CEO Charged in $270K Insurance Fraud Scheme

The president and CEO of a Taunton, Mass., insurance agency has been indicted in connection with an alleged embezzlement scheme that left client companies uninsured. David Pietro of Sandwich, Mass., and his company, DGP Miles Insurance Agency of Taunton, were …

Ex-Bookkeeper to be Sentenced for Stealing Over $326K from Connecticut Business

A Virginia woman who embezzled more than $326,000 from a small family business in Connecticut is seeking home confinement instead of a prison sentence. Miriam Dubay, of Purcellville, Va., was scheduled to be sentenced in federal court in Bridgeport. She …

Woman Pleads Guilty to Embezzling $1.1M from Connecticut Car Dealership

A former employee of a luxury Connecticut car dealership has pleaded guilty to stealing more than $1 million from the business. Federal prosecutors say 50-year-old Vanessa Vence-Small, of New Windsor, New York, waived indictment and pleaded guilty to wire fraud. …

Virginia Man Who Stole $19M from IT Firm Sentenced to 6 Years in Prison

A corporate controller who stole more than $19 million from the information technology firm that employed him has been sentenced to 6 1/2 years in prison. Forty-eight-year-old Jon Frank of Nokesville, Virginia, pleaded guilty to wire fraud earlier this year. …

Man Admits He Embezzled $700K from Maine Boatyard

A Massachusetts man who worked as a financial manager for a Maine boatyard has admitted to embezzling over $700,000 from the company. The Portland Press Herald reports 50-year-old Steven Nygren, of Salem, Mass., pleaded guilty to bank fraud, credit card …

Former Executive Admits Stealing $850K from Pennsylvania Health Care Giant

A former executive with Pittsburgh-based health care giant UPMC has admitted he stole nearly $850,000 from the company by arranging to hire his wife and a friend as ghost workers. Federal prosecutors say 48-year-old Ronald Locy faces up to a …

Former California Claim Adjuster Pleads Guilty to Embezzling $289K

Elizabeth Louise Brown, 48, of Canyon Country, Calif., a former claims adjuster with Explorer Insurance, pleaded guilty to two counts of insurance fraud with a white collar crime enhancement penalty for crafting an elaborate scheme to defraud her employer of …

California Adjuster, Family and Friends Embezzled $250k from Insurer, CDI Says

Elizabeth Louise Brown, 48, of Canyon Country, a former claims adjuster with Explorer Insurance, was arrested this week and charged with multiple felonies, including insurance fraud and conspiracy for allegedly embezzling more than $276,000 from her employer. Another eight people …