Thursday, February 27, 2014

Virginia Man Sentenced To 5 Years In $700K Non-Profit Embezzlement Case

From the Roanoke Times on 2/24/14:

The man who stole more than $700,000 from the nonprofit fundraising arm of the Virginia FFA Association was sentenced in Montgomery County Circuit Court on Monday to serve five years in prison.

Of the $716,000 Eugene Todd Mills is also expected to pay in restitution, only $60,000 was returned the day he was sentenced, according to courtroom testimony.

Where the rest of the money has gone, county Assistant Commonwealth’s Attorney Andrew Stephens said, is a question that will continue to hang over the courtroom. He called the case, which included nine counts of embezzlement, “stealing on an epic scale.”

Mills, who had served as the Virginia FFA Foundation treasurer at least since 2002, had deposited donations intended for the organization into a bank account, which he used to write himself about 162 checks since 2007, according to testimony.

Mills, 42, entered an Alford plea to the nine counts of embezzlement in September, which has the same effect as a guilty plea but allows him to maintain his innocence.

Read the whole story here.

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