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Financial Journal Comptroller Pleads Guilty in Embezzlement Scheme - Vimarsana News

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...

Source: ai-cio.com
Grant's Interest Rate Observer Reports on Corporate Fraud. Now It's the Victim of It. - Vimarsana News

Grant's Interest Rate Observer Reports on Corporate Fraud. Now It's the Victim of It.

Sponsored The former controller for financial newsletter Grant’s Interest Rate Observer has pled guilty to embezzling from the company.   Eric Ian Whitehead, 53, pled guilty to one count of wire fraud for “a years-long scheme to embezzle approximately $1.3 million from a financial publishing company,” the U.S. Attorney’s Office for the Southern District of New York said in an announcement Tuesday. Grant’s controller Whitehead joined the company in 2007 after ten years working as an accountant at Marks Paneth, according to his LinkedIn profile, which was viewed by  Institution...