This post is part of a series sponsored by Old Republic Surety. Fidelity bonds differ from liability insurance and errors and omissions insurance. They protect against corporate crime. Does your commercial client’s business own valuable assets or expensive equipment? Maintain …
A former Bank of America manager who pleaded guilty to embezzling $1.5 million from a company that did business with the bank and using some of the money to buy a luxury Porsche SUV has been sentenced to a year …
A former top executive at a Massachusetts-based shoe manufacturer has agreed to plead guilty to embezzling $30 million from the company, federal prosecutors said Wednesday. Richard Hajjar, 64, the former chief financial officer of Alden Shoe Co., agreed to plead …
This post is part of a series sponsored by The Hanover Insurance Group. The U.S. economy is bouncing back from the COVID-19 recession faster than anticipated. But the recovery is uneven. While some businesses are already seeing pre-pandemic levels of …
A former employee of a West Virginia nonprofit organization has been accused of embezzling more than $4.7 million in federal funds, according to court documents. Ruth Marie Phillips, 68, of Chesapeake, Ohio, was charged last week with stealing funds from …
A New York company’s chief financial officer acknowledged stealing nearly $776,000 to invest it partly in African diamonds, according to federal prosecutors. Michael Bartusek pleaded guilty to wire fraud, money laundering and filing a false tax return Thursday, according to …
A former bookkeeper and office manager at a Rhode Island law firm who previously pleaded guilty to embezzling nearly three-quarters of a million dollars from her employer has been sentenced to five years in prison, federal prosecutors said. Sarah Gaulin, …
A bookkeeper has been sentenced to nearly six years in prison for embezzling more than $1.5 million from two employers, federal prosecutors said. Jessica Greenan, 42, of Barnstable, embezzled more than $1.1 million from a Cape Cod store from October …
A suburban Atlanta teenager has been arrested on charges that he defrauded a supermarket where he worked of nearly $1 million over a two-week period. The Atlanta Journal-Constitution reports 19-year-old Tre Brown was arrested Jan. 14 by Gwinnett County police …
The former office manager of the Iowa City Area Development Group was sentenced Friday to 27 months in prison for a 13-year theft scheme in which she misspent more than a half-million dollars, federal prosecutors said. Sheri Jelinek, 48, of …
