Financial Journal Comptroller Pleads Guilty in Embezzlement Scheme
December 31, 2020 Financial Journal Comptroller Pleads Guilty in Embezzlement Scheme Eric Whitehead, of Grant’s Interest Rate Observer, faces 20 years in prison for using company assets to pay for personal expenses. The comptroller of financial journal Grant’s Interest Rate Observer pleaded guilty to wire fraud for his role in a scheme to embezzle approximately $1.3 million from the publishing company. Eric Whitehead, 53, pleaded guilty to one count of wire fraud, which carries a maximum sentence of 20 years in prison. He will be sentenced April 9. According to court documents, from 2015...