Sunday, November 6, 2011

Former Bookkeeper Of Washington, DC Landscaping Company Pleads Guilty To Embezzling $1.3 Million

Christopher F. Cunningham, 44, most recently of Spain where he had fled to avoid prosecution, has plead guilty to charges he embezzled some $1.3 million from a small unnamed landscaping company based in Washington, DC where he had been employed as bookkeeper.  According to authorities, over a five year period, Cunningham redirected what would have been legitimate vendor payments to himself or to his own creditors.  He also redirected client payments for his own benefit.  Cunningham pleaded guilty to one federal felony count of interstate transportation of money taken by fraud.  Cunningham faces up to 46 months in prison.

Read the story here and here.

Hat tip: FraudTalk reader Joe.

Update (2/8/12): Cunningham has been sentenced to 46 months in prison and ordered to pay $961,922 in restitution.  Federal authorities had previously seized $338,378 in assets from Cunningham.

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