9 posts tagged with embezzlement.
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Just Desserts

Sandy Jenkins was a shy, daydreaming accountant at the Collin Street Bakery, the world’s most famous fruitcake company. He was tired of feeling invisible, so he started stealing—and got a little carried away.
posted by katie on Jan 1, 2016 - 72 comments

"Ultimate Betrayal" as Fox Lake cop's "murder" ruled suicide

On September 1, popular police lieutenant Charles Gliniewicz of the Chicago suburb of Fox Lake, Illinois, called in the pursuit of three armed suspects (two white, one black) near the Wisconsin border. As backup arrived 14 minutes later, Gliniewicz was dying from a fatal gunshot to the chest from his own gun, after what appeared to be a scuffle with the suspects. A massive manhunt shut down Lake and northern Cook Counties, putting public buildings on lockdown and even halting the Fox Lake Metra line; hundreds of cops hunted for the suspects for more than three days. Gliniewicz was given a hero's funeral.

Today, the Lake County Major Crimes Task Force announced Gliniewicz's death was a carefully staged suicide intended to cover up Gliniewicz's embezzlement of police department funds over the past seven years, as well as threats to falsely pursue DUI charges against village officials auditing the police department. [more inside]
posted by Eyebrows McGee on Nov 4, 2015 - 71 comments

Like a famous painting, a rare comic is hard to fence.

Comic Con Man: A true crime tale of comic books, corruption, and a $9 million vanishing act
posted by Horace Rumpole on Jul 25, 2015 - 6 comments

The jester's last laugh

What do you do after working for Bank of America, betting against the lives of AIDS patients, becoming the financial adviser and official court jester to the King of Tonga, getting sued for embezzling and accused of massive passport fraud? You turn to creating smooth jazz, of course. The life of Jesse Bogdonoff. Previously.
posted by dances_with_sneetches on Jun 18, 2014 - 7 comments

The so-called Dean of Mean

The complicated and contradictory life of Cecilia Chang, former dean at St. John's University. [NYT] Having enjoyed a meteoric rise at St. John's as a fundraiser in the 1980's and 90's, and having served there as an administrator for over thirty years, in 2010 Chang was accused of embezzling $1 million from the school to pay for "lingerie, trips to casinos and her son’s tuition bills." [NYT] Shortly thereafter, it was revealed that she was using foreign scholarship students as her servants, making them clean and cook at her home for up to 20 hours a week. [NYT] And during her trial, it came to light that Chang's first husband, Ruey Fung Tsai - with whom she argued over millions and divorced bitterly - was executed in broad daylight back in 1990. As he lay dying in the hospital with three bullets in his back, he wrote on a piece of paper, "My wife did this" and handed it to the police. She was never charged. [more inside]
posted by phaedon on Dec 13, 2012 - 39 comments

Italian Parochialism, for a change

Franco Fiorito, also known as Batman, is the (ex) leader and treasurer of Berlusconi's party - Il Popolo della Libertà(PdL) in the Lazio regional council. He is being accused of channeling 800k of the party's funds into 12 of his bank accounts and making extravagant expenditures for his own benefit. Reports say that in court he is more annoyed than afraid: "Yes, I went to two beautiful resorts of the Costa Smeralda with PdL money. The regional election campaign left me exhausted and depressed. I needed a big vacation". Fiorito is now lashing out at other PdL councillors: "There are eight thieves. I didn't steal, I distributed the money." [more inside]
posted by Marauding Ennui on Sep 20, 2012 - 20 comments

Florida vouchers ruled unconstitutional

"We make no distinction between a small violation of the Constitution and a large one. Both are equally invalid. Indeed, in the system of government envisioned by the Founding Fathers, we abhor the small violation precisely because it is precedent for the larger one." (PDF) By a 5-2 count, the Florida Supreme Court ruled Thursday that public monies may not be used to fund private schools, thus closing off avenues for embezzlement and violations of the Establishment Clause that otherwise prevents a US state from endorsing, or establishing specific religious organizations.
posted by Rothko on Jan 5, 2006 - 59 comments

Today's most buried headline

This week's most buried headline could be a real stinker this week for the Pentagon. Apparently over $1 trillion are missing as well as "dozens of tanks, missiles and planes."
posted by jackspace on May 19, 2003 - 25 comments

Why isn't Jesse Jackson being prosecuted for embezzlement?

Why isn't Jesse Jackson being prosecuted for embezzlement? Jackson's Citizenship Education Fund gave $35,000 to the mother of Jackson's illegitimate daughter for "relocation expenses". Is this routinely done for all ex-employees of the foundation?
posted by Steven Den Beste on Apr 28, 2001 - 16 comments

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