A Year of Embezzlers, Closures, USPS Woes –Michelson
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Santa won’t be scaling any prison fences this holiday season in an attempt to deliver presents to former printing industry employees now serving sentences for bilking hundreds of thousands, and even millions, of dollars from their former employers. Although these convicted criminals may have been living large before their scams were finally detected during 2011—fancy vacations, big-ticket purchases and, in one over-the-top case, even an illegal $30,000 wire transfer to Sotheby’s for cases of fine wine—their day of reckoning eventually came. But, not before exacting a heavy financial and emotional toll on their employers, the job security of their co-workers, let alone the repercussions on their own families.
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