Friday, January 29, 2010

Kentucky Man Sentenced For Embezzling $300K

Arron K. Rhodes, 27, of Lexington, Kentucky, and the current owner of Buddy's Bar & Grill in Lexington, has been sentenced to 30 months in prison for embezzling more than $300,000 from Comtronics, Inc., where he had been employed as a bookkeeper. In a civil complaint filed by the company last August, it was alleged that between 2005 and his dismissal from Comtronics on January 19, 2009, Rhodes embezzled $381,100.18. In the criminal plea agreement, Rhodes admitted that he made 40 unauthorized fraudulent wire transfers, issued nine unauthorized checks, made unauthorized charges on company credit cards and forged the signature of the company's founder. Rhodoes attorney claimed he had been diagnosed as bipolar with severe depression.

Read the story here and here.

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