Thursday, June 21, 2012

Former Rock Band's CFO Charged With Embezzling At Least $380K

Rickey Charles Goodrich, who just turned 54, of Novato, California, has been charged with embezzling at least $380,000 from the rock band Pearl Jam, for which he had been employed as CFO.  According to prosecutors, over a period of nearly 3 years, from October 2007 through June 2010, Goodrich misappropriated the bands' funds to support a lavish lifestyle.  He has been charged with 33 counts of theft for making "dozens of unauthorized payments, transfers and credit card purchases" from the band's management company, Curtis Management.

Read the story here and here.

Update (2/28/14):  Goodrich now 55, has been sentenced to 14 months in prison.   Read an update of the story here.

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