Herman M. Schamber, 54, of Richmond Heights, Missouri, was indicted today on charges he siphoned off $964,000 from Nationwide Janitorial Services Inc., where he had served as President and had been employed for 30 years. According to prosecutors, Schamber owned a separate janitorial firm, Custom Janitorial Services and Supplies, based in Rutherford, New Jersey, which fraudulently billed Nationwide Janitorial Services and received remuneration for goods and services not performed. Those checks were received by Schamber at a post office box in New Jersey and then deposited into his own personal accounts. The scheme reportedly spanned a two year period, from May 2008 to June 2010.
Read the story here, here and here.
Update (6/12/11): Schamber was sentenced to 33 months in prison. He was also ordered to pay restitution in the amount of $964,034.
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3 comments:
Herman was a senior manager with Interstate Cleaning Corporation at least through 2008. Are ICC and Nationwaide the "same" company? Maybe the Executives John and Michael Brauch should be investigated...
I work for ICC, and I personally know John and Mike Brauch. John started the company over 30 years ago, and is the sole shareholder. He built it from four mopbuckets and a van to the company it is today. Investigate John for taking money from his own company, huh? Jackass.
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