Friday, May 27, 2011

Former Detroit Public Schools Bookkeeper Pleads Guilty To $150K Embezzlement

Allen Swayze, 34, of Detroit, Michigan, pleaded guilty to embezzling nearly $149,000 from the Detroit Public Schools' Breithaupt Career and Technical Center, where he had been employed as a bookkeeper. According to authorities, Swayze wrote numerous checks to himself over a period of nearly 3 years, from August 2006 until May 2009, totaling $148,772.86. Swayze faces up to 18 years in prison upon sentencing on August 23, 2011. Swayze must also pay full restitution.

Read the story here and here.

Read the DOJ announcement of Swayze's indictment here.

Update (8/23/11): Swayze was sentenced to 14 months in prison and ordered to pay restitution of nearly $149,000.

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