Man sentenced to prison for embezzlement scheme

Man sentenced to prison for embezzlement scheme


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OGDEN, Utah (AP) -- A former financial officer who skimmed a company bank account by cutting himself extra monthly paychecks will spend up to 30 years in prison for the embezzlement scheme.

A 2nd District judge ordered the sentence for Charles Craig Tabaracci on Wednesday. In a deal with prosecutors, Tabaracci pleaded guilty to three counts each of theft and communications fraud and one count of money laundering in July.

Prosecutors say the 54-year-old Tabaracci was stealing from Harrisville brick-maker, Interpace Industries, for about 10 of the 26 years he was employed.

A hearing to finalize the restitution figure Tabaracci must pay is set for Sept. 24.

Information from: Standard-Examiner

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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