Saturday, February 26, 2011

Former Utililty Treasurer In Washington State Suspected In $470K Embezzlement

Glenn Edwin Golay, 64, of Whatcom County, Washington, has been arrested on charges he embezzled as much as $470,000 from the Birch Bay Water and Sewer District where he had served as Treasurer. According to authorities, Golay, a 23 year veteran employee of the utility, began misappropriating funds in 2003. He was fired last month after the defalcation was discovered. Golay is believed to have transferred utility funds to his personal checking and credit card accounts. He has been charged with embezzling $87,636 since September 2008, but the investigation continues.

Read the story here, here and here.

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