Monday, November 23, 2009

Former Kansas Executive Sentenced To 6 Months In $335K Embezzlement Case

Michael L. Halfman, 58, of Wichita, Kansas, has been sentenced to 6 months in prison for embezzling $335,532 from the Gessler Drug Company, where he had served as chief executive officer. Halfman had pleaded guilty to one count of embezzlement and one count of making a false statement on a tax return in the case. Prosecutors announced that Halfman admitted to embezzling from cash deductibles on the sale of pharmaceuticals and general merchandise and then attempting to cover up the thefts with checks from the company's health benefit program.

Read the story here, here and here.

Pretty light sentence, if you ask me...

1 comment:

Anonymous said...

Why do these people get sentences of 6-12 months when they say they could receive up to 20 years in prison. It is a shame they don't give these people more prison time. Maybe then it would deter others from doing it. I know our bookkeeper said "Oh well, I'll only get probation"