Ever wonder what embezzlement is? This white collar crime is hurting businesses all over. BY CHRISTIAN COLÓN
A Missouri chief financial officer was charged with three counts of wire fraud after prosecutors accused him of embezzling $3.8 million “for his own personal use.”
Bryan Vonderahe, 45, of Kirkwood, Missouri, was charged last week in a federal indictment, according to a news release from the U.S. Attorney’s Office in the Eastern District of Missouri.
In the indictment, Vonderahe is alleged to have written himself about 500 company checks — totaling about $3.8 million — from January 2012 through January 2019, the release states. He was working for the “local company” as a CFO and controller.
The St. Louis Post-Dispatch reports that the man worked for “the Boyd Group, which owns real estate and runs mattress and waterbed retailers The Bedroom Store, Boyd Sleep and Accent Furniture, the indictment says.”