Pennsylvania Man Indicted On Charges He Embezzled $536K From Financial Firm

Harris M. DeWese, 69, of West Chester, Pennsylvania, has been indicted on charges he embezzled more than $536,000 from the employee pension plan of his financial firm, Compass Capital Partners for which he is also chief executive.  According to authorities, over a period of about 1 year, from October 2006 to October 2007, DeWese looted Compass' pension plan to support a financially troubled company in which he had a 40% financial interest, called Hillsboro Printing, based in Tampa, Florida.  DeWese faces up to 40 years in prison, plus fines and restitution, if convicted.

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