Michigan Man Accused Of Embezzling $110K To Finance Lottery Purchases

Steve Sharrard, 47, of Waterford Township, Michigan, has been charged with embezzling some $110,000 from Moote Electric, where he had been employed as a bookkeeper for the past ten years.  According to authorities, Sharrard siphoned the funds by converting cash receipts over the past year.  Authorities believe that much of the misappropriated monies were used to purchase lottery tickets. 

Read the story here.