Covering Louisiana
Pharmacy Tech Embezzles over $200,000 from Employer
Posted: Feb 6, 2012 7:03 PM by Ashley Guidroz
Source: katc
An Arkansas man has been charged with bank fraud after embezzling from his employer. 44 year old Michael Wallace was sentenced to 37 months in prison and 5 years supervised release for bank fraud and obstruction. An investigation revealed that from 2007 to 2010 Wallace wrote over $200,000 in forged checks from Hardin's Compounding Pharmacy in West Monroe.
Wallace has also been charged with obstruction of justice by retaliating against a victim for sending threatening emails with the intent to harass the victim for cooperating with law enforcement in the bank fraud investigation.
Wallace has been ordered to pay the money back.
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