Saturday, November 29, 2014

Florida Man Pleads Guilty To $1.5 Million Embezzlement Scheme

From the Associated Press on 11/29/2014:

A central Florida man faces 20 years in prison for embezzling more than $1.5 million from a local art gallery.

The U.S. Attorney’s Office reports that 48-year-old Jeffrey Hall of Maitland has pleaded guilty to mail fraud and agreed to pay restitution for the embezzlement scheme.

Authorities say Hall used his position at the art gallery over a two-year period to divert proceeds from artwork sales to his own personal bank accounts. According to court documents, he also used the gallery’s artwork as collateral for himself and sold some of the pieces on eBay.

Hall is scheduled to be sentenced on Feb. 19. He faces a maximum of 20 years in prison.

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