Monday, January 25, 2010

Connecticut Man Accused In $1 Million Embezzlement Scheme

James P. Crowley, 51, of Torrington, Connecticut, was accused Friday of embezzling as much as $1 million from his employer, FCT Electronics LLP, where he has served as company controller. Authorities believe Crowley's embezzlement scheme lasted a period of between four and five years. Crowley was arrested last month on charges of "patronizing a prostitute" after neighbors became concerned and reported suspicious activity at Crowley's apartment. This led to a forensic audit conducted by the company, revealing the theft, according to reports.


Read the story here and here.

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