Friday, February 3, 2012

Arkansas Man Pleads Guilty To Embezzling $270K From Company Pension Plan

Leander J. Muncy III, 44, of North Little Rock, Arkansas, has pleaded guilty to charges he embezzled more than $270,000 from Vouk Transportation Inc., a local transportation broker, where he has served as an executive, recently as president.  According to authorities, Muncy embezzled the funds from the company's pension plan principally by writing at least 19 checks over a period of as long as 6 years, from 2004 through 2010, to a new company he formed, B&E Transportation

Read the story here.

Read the DOJ announcement here.

1 comment:

Anonymous said...

His father Lee Muncy is the one who did this to his son! It's bad enough his father collected $800,000 every year for seven years while his son LJ built the business! His father then makes him pay 3.3 million dollars for a business that his son was rightly due for all of his hard work and dedication! His dad is a money hungry piece of you know what!!! His dad pressed charges and sent his first born to prison because he borrowed money to keep his business afloat! KARMA is a BITCH! I hope his dad gets exactly what he deserves!!!