Middle District of Florida Case Involving Theft of $660,000

Middle District of Florida: "Pinellas Executive Sentenced in Case Involving Theft of $660,000 from Employee Pension Plan"



"A resident of St. Petersburg, Florida, was sentenced today in the United States District Court, to a 24 month term of imprisonment as a result of his conviction that he knowingly and willfully conspired to launder money stolen from an employee pension plan. He was also ordered to pay $660,000 dollars in restitution. [T]he former Director of Human Resources for the Comdial Corporation, located in Sarasota, Florida, was sentenced to 27 months in prison in October 2004 for stealing $660,000 from Comdial's employee pension plan between February 20, 2002 and January 29, 2003."