Tuesday, May 15, 2012

Former Connecticut Police Sergeant Sentenced For Embezzling More Than $95K

Domenic Costello, 34, of Stratford, Connecticut, has been sentenced to six months in prison for embezzling more than $95,000 from the Newtown police union where he had served as treasurer.  According to authorities, over a period of 3 years, from 2007 through 2010, Costello conspired with the union's president, Andrew Stinson, 35, to "borrow" more than a combined $180,000 from the union.  The two reportedly misappropriated the funds to "stave off foreclosures on their respective homes and pay personal bills."  The two conspirators allegedly withdrew "large amounts of cash" and deposited it into their own or their wives' accounts.  Stinson received the same sentence and both have reportedly made full restitution.

Read the story here and here.

No comments: