Frederick Seremet, 59, of Newington, Connecticut, was charged yesterday with embezzling more than $100,000 from the town's volunteer ambulance corps for which he had served as treasurer. According to prosecutors, from early 2005 through late 2008, Seremet allegedly "misdirected" a significant amount of funds from the non-profit organization, in excess of $100,000. The nature of Seremet's misappropriation has not been revealed. However, he has been charged with first-degree larceny and 40 counts of second-degree forgery, suggesting he issued checks to himself or to personal vendors.FraudTalk is a blog focused on the review and discussion of recent significant cases of fraud, corruption and employee misconduct - particularly major embezzlement cases in the US. Fraud Talk is published by Chris Marquet, Chairman & CEO of Marquet International Ltd., an international investigations, litigation support and due diligence firm.
Wednesday, April 28, 2010
Former Treasurer Of Volunteer Ambulance Corps In Connecticut Accused Of Embezzling More Than $100K
Frederick Seremet, 59, of Newington, Connecticut, was charged yesterday with embezzling more than $100,000 from the town's volunteer ambulance corps for which he had served as treasurer. According to prosecutors, from early 2005 through late 2008, Seremet allegedly "misdirected" a significant amount of funds from the non-profit organization, in excess of $100,000. The nature of Seremet's misappropriation has not been revealed. However, he has been charged with first-degree larceny and 40 counts of second-degree forgery, suggesting he issued checks to himself or to personal vendors.
Bad news to hear, these things are happening in all departments..
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