Kansas Accountant Sentenced for Embezzlement
Associated Press - August 12, 2013 7:27 pm
A northeast Kansas accountant has been sentenced to 33 months in federal prison for embezzling more than $500,000 from the construction company where he worked.
The U.S. Attorney’s office says 64-year-old Larry Lord, of Manhattan, must also pay about $640,000 in restitution under the sentence he received Monday.
Lord worked as an accountant at Cheney Construction Inc. in Manhattan. In a guilty plea in March, he admitted writing more than $535,000 in checks on the company’s account from 1995 to 2012 and using some of the money to pay personal expenses.
Lord also admitted avoiding nearly $104,000 in taxes by failing to report the stolen funds as income.