Posts Tagged ‘embezzlement’

Businessman Faces Embezzlement, Tax Evasion Charges

Wednesday, May 21st, 2008

A California businessman was charged with four counts of tax evasion for the years 2001 to 2004 and for embezzlement of employee pension plan accounts.
According to prosecutors, Patrick Neal Young, 40, was the former operating officer of Plyco Foundation Vents, of Waterford, Calif. From 2000 to 2004, he allegedly embezzled about $710,389 from Plyco for his own use. He used the embezzled Plyco funds to purchase a home in Oakdale,
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