Shawn Reilly, 34, of Congers, New York, was sentenced to 33 months in prison for embezzling $673,447 from UBS Securities, LLC in Stamford, Connecticut where he had served as director of the bank's settlements group. According to reports, Reilly made 84 fraudulent wire transfers of funds over a period of more than 2 years, from February 2009 to April 2011. Reilly reportedly used the money to cover gambling losses he incurred online and at casinos in Connecticut, Atlantic City, New Orleans and Las Vegas. Reilly was also ordered to pay restitution.
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