Thursday, January 6, 2011

Former Goodwill Exec Pleads Guilty To Embezzling $1 Million

Ronald E. Partee, 45, of St. Louis, Missouri, pleaded guilty yesterday to charges he embezzled more than $1 million from MERS/Goodwill Industries, where he had served as an assistant vice president in the human resources department, but with fiduciary duties as well. According to authorities, Partee wrote checks to several bogus businesses and accounts to which he was the sole benefactor. The scheme reportedly began in January 2007 and spanned 3 1/2 years until July 2010 when it was uncovered and he was fired. Partee purchased a Porsche automobile and other luxury items with the stolen money. He also accepted tuition reimbursements for law school which he never attended. Partee plead guilty to one felony count of embezzlement and one felony count of money laundering.

Read the story here, here and here.

Update (5/25/11): Partee was sentenced to 70 months in prison. Read here.

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