Jason Robert Taylor, 39, of Carson City, Nevada, was sentenced to a suspended prison term but must also serve five years probation for embezzling $233,057 from Briggs Electric, where he had been employed as company controller. Authorities had alleged that over a period of nearly four years, from January 2005 through December 2008, Taylor misappropriated company funds to make car payments, student loan payments and home improvements, and other unapproved purchases for the benefit of himself and his friends. Reports suggest that Taylor may also have stolen the money to fund his struggling restaurant, Deli Francesco. Taylor, who was originally arrested last March, pleaded guilty to two counts of theft and one count of fraudulent use of a credit card. 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, October 5, 2010
Nevada Man Gets Probation In $233K Embezzlement Case
Jason Robert Taylor, 39, of Carson City, Nevada, was sentenced to a suspended prison term but must also serve five years probation for embezzling $233,057 from Briggs Electric, where he had been employed as company controller. Authorities had alleged that over a period of nearly four years, from January 2005 through December 2008, Taylor misappropriated company funds to make car payments, student loan payments and home improvements, and other unapproved purchases for the benefit of himself and his friends. Reports suggest that Taylor may also have stolen the money to fund his struggling restaurant, Deli Francesco. Taylor, who was originally arrested last March, pleaded guilty to two counts of theft and one count of fraudulent use of a credit card.
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