Nathan John Mueller, 35, formerly of Eden Prairie, Minnesota, was sentenced to 8 years in prison for embezzling $8.5 million from his employer, ING Reinsurance Corp. According to authorities, the embezzlement scheme lasted four years, between 2003 and 2007. Mueller, who served as an accounting manager for the company, regularly requisitioned checks for ING clients and deposited them into accounts he created with pseudo names similar to ING clients. He was finally caught after 99 checks had been deposited into his accounts - none of which was greater than $250,000, which kept him below the company's anti-fraud detection system. According to prosecutors, Mueller, who pleaded guilty last August, used the proceeds of his thefts to pay for gambling trips and strip clubs. The judge was relatively lenient since he reportedly assisted in locating some of the assets for restitution.Read the DOJ's original announcement of Mueller's indictment here.
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