Monday, June 11, 2012

Wyoming Man Accused Of Embezzling More Than $2.5 Million

Gerald Anderson
Gerald "Gary" Emil Anderson Jr., 54, of Wyoming has been accused of embezzling more than $2.5 million from Star-Tech Inc. and Precision Analysis where he had been employed as finance manager.  According to authorities, over a period of about 10 years, from 2000 through 2010, Anderson funnelled funds from the company to himself and members of his family.  He has been charged with four counts of felony larceny, three charges of obtaining goods by false pretenses, and two counts of conspiracy to commit felony larceny.   Anderson reportedly created records to indicate that the company owed him funds he was not entitled to. 

Read the story here and here.

Update (4/11/13): Anderson, now 55, has been sentenced to 6 to 10 years in prison.  He was also ordered to pay more than $1.5 million in restitution.  Read an update of the story here.

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