Tuesday, April 13, 2010

Illinois Non-Profit Exec Pleads Guilty To Embezzling $667K

Kenneth M. Best Jr., 62, of Kankakee, Illinois, pleaded guilty yesterday to charges he embezzled some $667,000 of federal grant money from three non-profits he ran, including Unipar, United Development Services and United Production Services, which are supposedly involved in job training efforts. Specifically, Best pleaded guilty to charges of theft of federal funds, filing false tax returns and money laundering. He is alleged to have spend some of the misappropriated funds to purchase an airplane hangar, a motorcycle, an RV and two SUVs, among other personal expenses including aircraft maintenance and landscaping.

Read the story here .

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