New York residents who work in roles in which they have access to company or organization funds may find themselves under great scrutiny at times. These types of jobs may well put people at a greater risk of being accused of embezzling or otherwise misappropriating money. When these types of white collar crime charges are levied against a person, the potential consequences may be great.
The man who had once been the executive director of United Block Association knows this all too well. He is accused of multiple white collar crimes including embezzlement over the span of nearly seven years. UAB is a nonprofit organization and the former executive director and his wife have been convicted of stealing more than $575,000 in money that was received by the organization from local, state and federal entities.
They are said to have sent some money offshore as well as written checks to a family member and themselves. Funds are believed to have paid for vehicles and even basic living expenses. The charges included embezzlement, wire fraud and conspiracy to commit wire fraud as well as conspiracy to commit money laundering. They will face a sentencing in August. It is not known if an appeal may be planned.
After being charged with serious crimes that may lead to many years in prison, people in New York might want to reach out to an attorney to learn how they may be able to defend themselves.
Source: Long Island Press, “Bay Shore Couple Convicted of$580K Nonprofit Embezzlement,” Timothy Bulger, May 3, 2017