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CIO gets six years for embezzlement scheme

Dale Frantz, 46, sentenced to nearly six years in prison for embezzling more than US$500,000. Auto Warehousing Company hired him in 1998, even though he had served a prison stint in the 1990s for a similar crime. Frantz used a number of techniques to steal money from AWC, a Tacoma, Washington, company. He wrote up fake invoices for expense reports and altered legitimate ones to boost reimbursements. He used company funds to buy computer equipment that he later resold on the Internet.”]

Source: https://www.csoonline.com/article/2115132/cio-gets-six-years-for-embezzlement-scheme.html

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