FARMINGTON — A federal court in Utah has ordered the removal of a Farmington construction company's CEO from his role as trustee of the company's employee stock ownership plan after he allegedly misused $300,000 in employee retirement funds.
Knowlton is accused of using more than $300,000 in the company stock ownership plan's employee retirement funds to pay company business expenses. The plan had one checking account at the Bank of Utah until February 2020, when the plan was forced to close that account. The complaint states that Knowlton deposited $11,250.95 into an Ascent Construction operating account at Sunwest Bank.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม: