Tuesday, March 16, 2010

Update: Husband Of Non-Profit Exec Sentenced In Oklahoma Embezzlement Case

Eugene M. Naukam III, 65, of Edmond, Oklahoma, was sentenced to 5 years in prison for embezzling nearly $150,000 from the Oklahoma Court Appointed Special Advocates Association (CASA) for which his wife, Anna Marie Naukam, 51, had served as Executive Director and was also convicted in the case. Eugene Naukam was also ordered to pay a total of about $148,000 in restitution to the taxpayer and publicly supported agency meant to help abused and neglected children. For her part, Anna Marie Naukam was sentenced to 15 years in prison, 20 years on probation and ordered to pay $549,024 in restitution. Eugene Naukam had previously plead guilty to 41 embezzlement counts and one conspiracy count. State auditors had found that the Naukams had misappropriated more than $650,000 to finance a lavish lifestyle, among other personal expenses.

Read FraudTalk's earlier posts on this story here and here.

Read the story here.

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