Tuesday, January 13, 2015

Michigan Man Pleads Guilty In $625K Embezzlement Case

From the Battle Creek Enquirer on 1/12/2015:

A man who took more than a half-million dollars from a Battle Creek insurance agency faces a prison sentence after pleading guilty Monday.

John Page, 44, of St. Joseph, pleaded guilty to charges of embezzlement, forgery and uttering and publishing between December 2008 and May 2014 when he was former president of the Worgess Insurance Agency at 2 W. Michigan Ave.

He faces up to 20 years in prison but Calhoun County Prosecutor David Gilbert estimated he will serve a minimum of five years under Michigan’s sentencing guidelines.

Page entered his guilty pleas after appearing with his attorney, John Gardiner of Kalamazoo, for a preliminary examination before Calhoun County District Judge Frank Line. Line sat as a circuit court judge to accept the pleas but Page will be sentenced later by a circuit judge. No date for that sentencing was set Monday.

Prosecutors have alleged that Page took money from the agency and also applied for loans for premium payments from other financial institutions.

They alleged he stole about $625,000 during those 51/2 years. He had been employed at the agency since 1991.

Several Worgess executives were in the courtroom and vice president Jacob Worgess said later that watching the plea was “kind of a mixture of sadness and relief.”

He said he watched an associate for 15 years enter a guilty plea.


Read the whole story here.

Update (3/9/2015): Page was sentenced to 20 years.  Read the update here.

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