Sunday, August 5, 2012

Maine Man Pleads Guilty To Embezzling $413K From Non-Profit

Thomas D. Nelson, believed to be 56, of Alfred, Maine, has pleaded guilty to embezzling about $900,000 from the York County Community Action Corp. where he had served as chief executive officer.  According to authorities, over a period of at least 6 years, from 2004 to 2010, Nelson siphoned funds from the agency through a phony vendor schemes.  He has also agreed to pay restitution of $1.2 million as well as $150,000 in back taxes and penalties to the IRS. 

Read the story here.

Update (5/26/13): Nelson was sentenced to 2 1/2 years in prison. 

No comments: