Thursday, June 2, 2011

Florida Man Charged With Embezzling $350K From Luxury Auto Dealership

William Patrick Cleary, 60, of Fort Myers, Florida, has been charged with embezzling more than $350,000 from Garulay‘s Ambassador Auto Sales of East Naples, Florida where he had been employed as the company's bookkeeper. According to authorities, Cleary executed fraudulent electronic bank transfers of company funds to accounts he controlled over a period of nearly a year, from September 21, 2009 until July 2, 2010. The thefts nearly bankrupted the business, which had to lay off employees, according to media reports.

Read the story here and here.

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