Wednesday, April 20, 2011

Virginia Man Indicted For Allegedly Embezzling $166K; Transferred Fuds To His Fire Chief Son

Michael Owen Hale, 59, of Speedwell, Virginia has been indicted on charges he embezzled $166,000 from The Paper Clip, an office supply store were he had been employed. Hale, who is also the Speedwell Volunteer Fire Department chief, then transferring more than $170,000 into a joint account of, Jason Scott Hale, and Joy Elisabeth Turner, his son and daughter-in-law, of Virginia Beach, according to court filings. Authorities allege that over a nearly 3 year period, from 2008 until 2011, Hale wrote company checks to himself and deposited the proceeds into his own account. He has been indicted on felony embezzlement and money laundering charges.

Read the story here and here.

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