Former CFO pleads guilty to grand theft

Print
Email
|

Associated Press

Posted on April 5, 2012 at 10:24 AM

IDAHO FALLS -- The former chief financial officer for an eastern Idaho company has admitted to stealing more than $550,000 from the company.

Fifty-one-year-old Stanley William Mills pleaded guilty to grand theft by embezzlement in 7th District Court on Wednesday.

His plea was part of an agreement reached with prosecutors who contend he took the money over several years while serving as an executive for Environmental Management Inc.

The Post Register reports Mills admitted to taking the cash between 2007 and 2009. In some cases, evidence shows he wrote checks and deposited company money into personal accounts and used company money to pay personal credit cards. Records show he also manipulated federal withholding documents.

He faces up to 14 years in prison. Sentencing is set for May 17.

Print
Email
|