Written on: September 28, 2020 by ICM
According to Lancasteronline, former Controller of oilheat company Worley & Obetz was sentenced last week. Karen Connelly was sentenced to four years in Federal prison for her role in the company’s $66.7 million bank fraud, despite blaming the CEO behind the scam for bullying her into taking part and assuring her everything would be alright. Connelly was also ordered to pay restitution of $25.4 million to Fulton Bank, the main victim of the fraud.
For the full story, visit: https://lancasteronline.com/business/local_business/worley-obetz-exec-sentenced-to-four-years-for-role-in-67m-bank-fraud/article_9a4a7acc-fe48-11ea-9bfd-e7458ca50806.html