Posted: Feb 7, 2012 9:47 AM by AP
Updated: Feb 7, 2012 10:00 AM
MONROE, La. (AP) - An Arkansas man has been sentenced to three years and a month in prison for embezzling more than $200,000 from his employer.
U.S. Attorney Stephanie A. Finley says 44-year-old Michael A. Wallace, of Crossett, was sentenced Monday for charges of bank fraud and obstructing justice and was ordered to pay $200,298 in restitution.
Finley says an investigation revealed that from 2007 to 2010, Wallace negotiated at least that much in forged checks made payable and belonging to Hardin's Compounding Pharmacy in West Monroe. He faced the obstruction charge for retaliating against a victim for sending threatening emails with the intent to harass the person for cooperating with law enforcement in the bank fraud probe.