Thursday, March 25, 2010

California Man Sentenced For Misappropriating $1.2 Million In Company Equipment, Selling It On Ebay

Timothy Charles Webb Jr., 38, of Santa Rosa, California, was sentenced to two years in prison for misappropriating more than $1.2 million in property from Agilent Technologies Inc. where he had been employed. Webb was reportedly was caught by a co-worker taking items from the company in February 2007, sparking an investigation. Police searched his home and found it full of electronic items taken from Agilent that Webb was attempting to sell on eBay. The theft scheme reportedly lasted four years. In May 2008, Webb plead no contest to burglary and grand theft and returned a truck load of Agilent property. Webb has also been ordered to pay $1.22 million in restitution. Webb's wife, Kristen Webb, was also a former Agilent employee, but she was not charged in the case. Agilent filed a civil suit against Webb that claimed, among other things, that he had been selling stolen Agilent equipment since 1999.

Read the story here, here and here.

Read the DA's announcements here and here.

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