Monday, June 29, 2009

Update: Vermont Man Sentenced To 45 Days For Embezzling Nearly $100K

Karl W. Austin, 35, of Pownal, Vermont, was sentenced to only 45 days in prison for embezzling nearly $100,000 from NSK Steering Systems America where he had been employed as a payroll specialist from 2005 until September 2008. Austin pleaded guilty to two felony counts of embezzlement this past march. According to prosecutors, Austin basically issued payroll checks to himself totalling some $95,000. He could have been sentenced to as much as 20 years. Austin was actually sentenced to two 2-4 year sentences suspended except for the 45 days.

Read FraudTalk's original post on this story here.

Read the story here.

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