Friday, January 9, 2009

Massachusetts Man Pleads Guilty To $200+K Embezzlement Scheme

Eugene Van Buren, 39, of Framingham, Massachusetts, pleaded gulity Wednesday to his involvement in an embezzlement conspiracy that defrauded Barry Controls of Hopkington, Mass, of some $211,000. Van Buren conspired with Kim Thomas, 42, of Roslindale, Mass, who was employed by Barry Controls in their accounts payable division, responsible for issuing checks to vendors. In addition to Van Buren, several other individuals have been named in the conspiracy, including: Kim Thomas' husband, Paul Harvey, 57, of Roslindale; Harvey's brother, Frederick Harvey, 50, of Dorchester; Nicholas Petta, 40, of Walpole; Waldron Callum of Randolph and Charles Powell, 46, of Dorchester, according to prosecutors. Barry Controls is an aerospace and defense contractor. The seven indiviudals, including ringleader Thomas, were arrested and charged in February 2008. Thomas reportedly issued checks to these indidividuals that were originally intended for legitimate vendors. She then changed the information in the accounting system to cover the scheme, which lasted more than 2 years, according to prosecutors. Thomas and her husband Paul Narvey Thomas pleaded guilty on December 22 to conspiracy and larceny of more than $250. Thomas also pleaded guilty to making false entries into corporate books. Frederick Harvey, Petta and Powell all pleaded guilty to conspiracy and larceny on December 18th. Thomas was ordered to spend 18 months under house arrest with an electronic bracelet. She and her husband were also ordered to pay restitution in the amount of $190,000.

Read the story here, here and here.

Read the Massachusetts AG's press release here.

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