News Formal

Ex-president of Santa Clara metal finishing company sentenced to prison for fraud

  • 📰 mercnews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Prosecutors said Harry Corl III used corporate funds to buy jewelry from Tiffany & Co, lease a Ferrari 599 GTB.

SAN JOSE – The ex-president and CEO of a Santa Clara-based metal finishing company who improperly used corporate funds to buy jewelry from Tiffany & Co. and lease a Ferrari has been sentenced to 2½ years in federal prison, according to authorities.San Jose mom charged in baby’s fentanyl death expected to be released to await trial

From 2008 to 2014, Corl and his estranged wife, Kim Corl, served as executive officers for Nu-Metal Finishing Inc. and trustees of its employee stock ownership plan, prosecutors said in a sentencing memorandum. The plan provided retirement benefits and savings to employees by purchasing and investing stock for their benefit.

The plan and another shareholder, however, owned more than 50% of Nu-Metal’s outstanding stock and were owed their corresponding portion of the sale proceeds.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 88. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Santa Clara tech campus lands leases, offering hope for real estate marketNew leases total more than 100,000 square feet.
Herkunft: mercnews - 🏆 88. / 68 Weiterlesen »