Curtis Philip Pietro, 50, of Hagerstown, Maryland, pleaded guilty yesterday to charges he embezzled at least $691,323.97 from Glessner Alarm & Communications where he had been employed as vice president of finance. According to authorities, Pietro who had been employed by the company since 1986, wrote himself extra paychecks since 2006. Pietro is also alleged to have transferred company funds to his own American Express account since 2004. Pietro pleaded guilty to two counts of theft scheme of more than $500 and five counts each of forgery and uttering. Investigators believe the losses caused by Pietro could climb to as much as $800,000 or more.Tuesday, December 21, 2010
Maryland Man Pleads Guilty To Embezzling Nearly $700K
Curtis Philip Pietro, 50, of Hagerstown, Maryland, pleaded guilty yesterday to charges he embezzled at least $691,323.97 from Glessner Alarm & Communications where he had been employed as vice president of finance. According to authorities, Pietro who had been employed by the company since 1986, wrote himself extra paychecks since 2006. Pietro is also alleged to have transferred company funds to his own American Express account since 2004. Pietro pleaded guilty to two counts of theft scheme of more than $500 and five counts each of forgery and uttering. Investigators believe the losses caused by Pietro could climb to as much as $800,000 or more.
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