Wednesday, May 16, 2012

Michigan Man Charged With Embezzling $6.4 Million From Grocery Concern

Christopher Pratt, 41, of Portage, Michigan, has been charged with embezzling $6.4 million from Murk's Village Markets Inc. where he had been employed as controller.  According to authorities, over a period of 7 years, from 2005 until early 2012, Pratt deposited checks intended for the company into his own accounts.  Pratt reportedly confessed to the embezzlement after being confronted.  Pratt reportedly spent the stolen funds on luxury travel, personal expenses as well as to make extensive real estate purchases, to buy numerous vehicles and other personal items.

Read the story here and here.

Hat tip: FraudTalk reader Karen

No comments: