Tuesday, December 30, 2008

Florida Keys Store Manager Sentenced In $1.4 Million Embezzlement Case

George Ganem Jr., 62, of Key West, Florida, was sentenced today to 9 months in prison for embezzling $1.2 million from Dion's Quik Mart where he had been employed as general manager. Ganem pleaded guilty to one felony count of grand theft of more than $100,000 and agreed to restitution of $1.2 million although it is believed he stole more than $1.4 million. He has reportedly repaid $522,000 to date. According to prosecutors, Ganem created a front company Tank Test Inc., and submitted fraudulent invoices to Dion's Quick Mart, where his wife worked in the accounting department, receiving and depositing checks worth an average of $6,000 per week. The scam went on for seven years.

Read the story here.

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