embezzlement

A new study from the Federal Reserve Bank of St. Louis shows a growing link between education and wealth accumulation and income levels.
(via Flickr/Tracy O)

A former lawyer in St. Louis County is going to prison after embezzling nearly $500,000 from dozens of clients.

The U.S. Attorney's office says 53-year-old Jonathan McKee was sentenced Monday to five years in federal prison. He pleaded guilty in March to one felony count of mail fraud.

McKee had a general law practice in University City. Prosecutors said that between 2007 and 2011, he kept more than $495,000 in settlement money from insurance companies that should have gone to about 87 clients.

McKee was disbarred by both Missouri and Illinois last year.

(via Flickr/neil conway)

A St. Louis-area investment handler has been ordered to spend eight years in federal prison and repay more than $4.3 million to often-elderly clients he bilked.

Federal prosecutors say 32-year-old Joshua Gould, who was sentenced Friday in St. Louis, spent the money on such things as jewelry and strip clubs in neighboring Illinois.

Gould and 47-year-old David Rubin pleaded guilty in April to federal wire-fraud counts alleging they embezzled about $1.5 million from a retired couple.

Many Missourians may be familiar with Goodwill, an organization and chain of stores that allow patrons to donate clothing and other goods for sale to others.  It now seems that a former executive of the Missouri division of the company was benefiting more from the company than he should have.

(Flickr Creative Commons User Robert S. Donovan)

The president of Custom Janitorial Services and Supplies is facing federal charges alleging he embezzled nearly $1 million.

The St. Louis Business Journal reports that 54-year-old Herman Schamber of St. Louis worked out of the main Alexandria, Va. office of National Janitorial Services Inc.  and also owned and operated the another company, Custom Janitorial Services, out of the East Rutherford, N.J. area. The Business Journal explains: