Monday, January 25, 2010

Update: Former Massachusetts Accounting Manager At WGBH Public Television Sentenced For $500K Embezzlement

Philip McCabe, 49, of Reading, Massachusetts, pleaded guilty Friday and was sentenced to two years in prison, with six months to serve, and the remainder suspended, for embezzling nearly $500,000 from WGBH public television in Boston. According to prosecutors, McCabe, who had control over corporate accounts to pay vendors, used those accounts to pay personal expenses on corporate and personal credit cards for such things as vacations, golf outings, restaurant tabs, liquor, clothes, household goods, gas and many other personal expenses over a nine year period from 1998 to 2007. McCabe was originally arrested and charged last January 2009.

Read FraudTalk's original post on this story here.

Read the story here.

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