Thursday, January 14, 2010

Five Indicted In $6 Million Illinois Embezzlement Scheme

A federal grand jury brought indictment charges against five illinois residents for allegedly participating in a scheme to embezzle $6 million from Caldwell Banker. The indictment names Douglas Volkman, 43, of Park Ridge, who was a Caldwell Banker employee; Michael Samojla, 42, of Itasca; Anthony Palermo III, 41, of Medinah; and Beverly Zeitz, 40, and Steven Zeitz, 43, both of New Lenox, Illinois. The embezzlement scheme allegedly involved the formation of phony vendors who billed Caldwell Banker over a period of 9 years for no services rendered, according to the indictment. The case follows a stabbing incident involving Volkman the day after Christmas in 2007 wherein he stabbed his boss in the neck with a long kitchen knife, fled on foot, but was promptly hit by a truck and thrown 33 feet. Both Volkman and his boss survived. The stabbing was apparently the result of his being confronted about the missing millions. Volkman has pleaded not guilty to charges of attempted first-degree murder and three counts of aggravated battery in the knife attack.

Read the story here and here.

1 comment:

Anonymous said...

What's the latest information about this case?