Thursday, January 6, 2011

Former Illinois Controller Charged With Embezzling $882K

John McCall, 70, of Wayne, Illinois, has been charged with embezzling some $882,000 from the Center for Pain Control, where he had been employed as company controller and debt collector. According to authorities, McCall was entitled to a 30 percent commission on any debts he collected. Instead, he took 30 percent of all revenues. McCall is now reportedly in poor health, suffering from "a debilitating form of dementia." His scheme reportedly spanned a number of years from sometime after he was hired in 2001 until December 2007.  Specifically, McCall was charged with eight counts of theft, two counts of money laundering and one count of wire fraud

Read the story here and here.

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