Monday, June 11, 2012

Upstate New York Man Accused Of Embezzling $1.1 Million

Gary Yakawiak, 46, of Irondequoit, New York has been accused of embezzling some $1.1 million from Cascades Recovery Incorporated, a local recycling company where he had been employed as accounting manager.  According to authorities, over a period of about 3 1/2 years, from August 2007 to February 2011, Yakawiak transferred funds from company to himself and others for his own benefit.  Yakawiak reportedly confessed that he spent some of the stolen money on personal expenses and operating expenses for a bar he co-owned.  He also reportedly spent some on lavish trips to Las Vegas with his then girlfriend, Blanca Vigil

Read the story here and here.

Update (6/28/12): Yakawiak was found dead at his home in an apparent suicide.

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