An enterprising Wisconsin man allegedly embezzled more than $117,000 from his plumbing supply employers. Prosecutors say the man used credit cards from his employer to make unauthorized charges, including paying for airline tickets to fly escorts to Milwaukee from Las Vegas. Company officials caught the embezzlement after investigating a sudden increase in charges on the company credit cards.
The man was charged with 12 counts of theft in a business setting and held on $50,000 bond. He also faces civil charges for his white-collar crimes. Company officials filed a lawsuit asking the court to freeze his assets in the hope of restitution of some of the embezzled money. The man reportedly used company credit cards to pay for airline tickets to fly at least six women to Milwaukee from Las Vegas on multiple occasions and also for escort services in Las Vegas. Other unauthorized charges included purchases of computers, cameras and cell phones.
When company security confronted the employee, he admitted to some unauthorized purchases and told them he had "managed" the women from his home but declined to say how much he earned from the venture. On May 29, the employee told police he was not aware of some of the charges. He said some of the electronics purchases might have been made when he was drunk and partying with some of the women.
Company officials say that they are cooperating with investigators and that the court is the right place to determine the facts. Embezzlement is a serious criminal charge. The investigations usually take a while, and the defense often depends on complex and detailed financial records. A defense attorney may be able to look into whether someone else could have made charges to those company credit cards.
Source: Milwaukee Wisconsin Journal Sentinel, "Kohler Co. employee charged with embezzling $117,000 for escort services", Bruce Vielmetti , June 06, 2013