Manhattan Accountant Charged with Embezzling 500K
02/06/2013

 ( KMZA )--An accountant in Manhattan has been charged with embezzling more than $500,000 from the commercial construction company where he worked.

U.S. Attorney Barry Grissom said Wednesday that 63-year-old Larry Lord of Manhattan is charged with 10 counts of mail fraud. 

The indictment alleges that from 2005 to 2012 he used his access to the bank accounts of Cheney Construction Incorporated in Manhattan to steal $536,179. 

Lord was responsible for paying the company’s bills and for issuing payroll checks to company employees. The indictment alleges he wrote checks on the company’s accounts and mailed them to pay personal credit card debts belonging to him and his wife. 

If convicted, he faces a maximum penalty of 20 years in federal prison and a fine up to $250,000 on each count. 

The FBI, the Pottawatomie County Sheriff's Office and the Internal Revenue Service investigated. 

 

© Many Signals Communications

You will need to be logged in to leave a comment.

Please Login


characters left

The posting of advertisements, profanity, or personal attacks is prohibited.

Click here to review our Terms of Use.