Michael O’Neill, 50, of Jenkintown, Pennsylvania, and the former tax collector for the municipality, has been charged with embezzling $201,181 from the town. Prosecutors believe the misappropriations had occurred over several years where O'Neill would take funds and later pay them back, but ultimately could not make the repayments. O'Neill has been charged with theft of public funds. Authorities believe O'Neill was a heavy gambler, losing $182,000 at the Parx Casino between December 2008 and December 2009.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.
Tuesday, June 1, 2010
Pennsylvania Municipal Tax Collector Charged With Embezzling $200K
Michael O’Neill, 50, of Jenkintown, Pennsylvania, and the former tax collector for the municipality, has been charged with embezzling $201,181 from the town. Prosecutors believe the misappropriations had occurred over several years where O'Neill would take funds and later pay them back, but ultimately could not make the repayments. O'Neill has been charged with theft of public funds. Authorities believe O'Neill was a heavy gambler, losing $182,000 at the Parx Casino between December 2008 and December 2009.
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