Michael Edward Callahan, 61, of Sumner, Tennessee, was indicted on charges he embezzled nearly $167,000 from Kentucky-based Shareware Industry Awards Foundation where he had served as Chairman. According to authorities, Callahan misappropriated the funds over a nearly five year period, from March 2005 until December 2009. The scheme apparently involved direct transfers of funds to himself as well as unauthorized credit card charges for his own benefit. The Foundation supports independent software companies.
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