028: Timothy Semones Embezzlement Conviction


In this case, the Chief Financial Officer (CFO) of a small tech company embezzled corporate funds for his own personal use. When confronted, the CFO attempted to hide the theft from his employer and sent forged bank statements, all in an effort to hide his crimes.  The employer launched an investigation, which led to an FBI investigation, a civil lawsuit, the Department of Justice becoming involved, a criminal indictment, and a guilty plea.  Prosecutors indicted the CFO on ten counts of criminal conduct including wire fraud, exposing the defendant to the potential loss of liberty, and forfeiture of his personal property.