Sunday, June 28, 2009

Former Michigan Auto Parts Exec Charged In Nearly $400K Embezzlement Scheme

Donald G. Johnston, 46, of Lenawee County, Michigan was charged Friday with embezzling some $390,000 from Kecy Products Inc. of Hudson, Michigan. Specifically, Johnston was charged with 22 felony counts of embezzlement and criminal use of a computer. Kecy Products has also been sued in a civil case for allegedly defaulting on loans totaling $8.7 million. The specific nature of Johnston's embezzlement has not been revealed. Johnston faces up to 20 years in prison.

Read the story here and here.

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