Latest Corporate embezzlement News

Ex-CEO charged with embezzling $15M to fund lavish lifestyle

Dec. 18, 2021 14:31 PM EST

STATESVILLE, N.C. (AP) — A former CEO has been charged with embezzling more than $15 million from her employer and using stolen money to pay for a lavish lifestyle, including travel, jewelry and family weddings, according to federal prosecutors. Donna Osowitt Steele, of...

Former pharma executive charged with embezzling millions

Dec. 06, 2021 15:59 PM EST

NEWARK, N.J. (AP) — A former executive and owner of a pharmaceutical company embezzled millions of dollars from his company to use for personal expenses, the U.S. attorney's charged in a criminal complaint released Monday. John Klein allegedly took about $3.9 million from a...