Monday, June 11, 2012

Maryland Man Indicted For Allegedly Embezzling $885K; Spends It On Phone Sex & Prostitutes

Mark Chandler Goodnow, 55 of Pasadena, Maryland, has been indicted on charges he embezzled more than $885,000 from Wings To Go, a fast food franchise where he was CEO.  According to authorities, over a period of about 3 1/2 years, from September 2006 through January 2011, Goodnow caused checks to be written from company coffers to pay in part for for prostitutes and phone sex operators.  He has been charged with wire fraud and faces up to 20 years in prison if convicted.

Read the story here and here.

Update (7/23/12): Goodnow has pleaded guilty to wire fraud.  He is scheduled to be sentenced on October 30, 2012.

Update (10/11/12): Goodnow was sentenced to 2 years in prison.

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