Accountants Behaving Badly: Fraud Isn’t All It’s Cracked Up to Be

I by no means thought I’d ever write the phrases “egg accountant busted in embezzlement scheme” however right here we’re. The egg accountant, Jonathan Weston, was indicted by a federal grand jury in Pittsburgh June 3 on costs of fraud conspiracy, cash laundering conspiracy, and tax fraud.

Based on the U.S. Legal professional Workplace for the Western District of Pennsylvania:

The six-count Indictment costs Jonathan A. Weston, 57, of Canonsburg, Pennsylvania, with one rely of fraud conspiracy, one rely of cash laundering conspiracy, two counts of willful failure to file tax returns, and two counts of submitting false revenue tax returns. The indictment was returned underneath seal on Might 25 and unsealed right this moment following Weston’s arrest.

From October 2005 to January 2019, Weston, a former worker of Hillandale Farms Co. situated in Greensburg, Pennsylvania, engaged in a scheme with an individual referred to as VP, to embezzle roughly $6.8 million {dollars} from Hillandale Farms, after which launder the stolen cash via companies they each managed, buy collectible vehicles and actual property, and interact in lavish private expenditures. As well as, the indictment alleges that in calendar years 2015 and 2018 Weston did not file tax returns, and in tax years 2016 and 2017 Weston filed false returns.

Based on the Pittsburgh Tribune-Review, Weston allegedly purchased Lexus and Aston Martin convertibles, Waverunners, and a downtown Pittsburgh high-rise condominium with the stolen cash. He is also accused by investigators of utilizing the stolen cash on private bank cards and funds for his youngsters’s school tuition.

That VP particular person labored as a bookkeeper and secretary for Hillandale Farms, and was Weston’s private secretary at one level, in response to the Tribune-Evaluation. The bookkeeper is accused within the indictment of utilizing cash stolen from the egg distributor to purchase family furnishings, groceries, and garments and go on journeys to Florida, Indiana, Maryland, New York, and Texas.

VP has not but been charged with any crimes. Nevertheless, Weston might face a most complete sentence of 58 years in jail and a fantastic of $2.5 million if convicted of all costs.

U.S. Attorney: Hillandale Farms accountant embezzled $6.8M, spent stolen money on luxury cars, condo, travel jaunts [Pittsburgh Tribune-Review]

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