Tuesday, May 24, 2011

New Mexico Man Charged With Embezzling $100K From Clients

Paul Scott Thomas, 43, of Aztec, New Mexico, has been charged with embezzling at least $100,000 from clients of Chipman's Accounting where he was employed as an accountant. According to authorities, Thomas wrote checks to himself from accounts belonging to clients, Reed's Welding and Lower Animas Community Ditch Company. Thomas has been charged with 2 felony counts of embezzlement and 10 counts of forgery. Authorities believe Thomas' scheme spanned a three year period from late 2007 until November 2010 and could amount to as much as $300,000 in losses.

Read the story here.

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