Wednesday, April 11, 2012

Florida Man Sentenced For Embezzling More Than $1.6 Million From Construction Company

Casey Loveall 2003 mugshot
Casey Jay Loveall, 52, of Casselberry, Florida, has been sentenced to 44 months in prison for embezzling $1,611,754.51 from the Hulke Construction Company, LLC where he had been employed as company controller.  According to authorities, over a period of more than 3 years, from 2007 through 2010, Loveall siphoned funds from the company by sending electronic payments intended for vendors and subcontractors to his own accounts.  Loveall, who pleaded guilty to felony wire fraud, has also been ordered to pay full restitution.  Research suggests Loveall has a prior criminal record for fraud.

Read the story here and here.

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