BECKLEY, W. Va. - A former lumber executive has been sentenced to 41 months in federal prison for embezzling over $800,000 from the unnamed company he worked for.
James Matthew Miller, former chief financial officer, pleaded guilty to two counts of wire fraud.
Miller reportedly stole the money by issuing payments to a fake vendor - and one of his friends - from December 2007 to August 2013. Miller's friend would cash the checks and keep a small amount. Miller then falsified documents of log inventories and deliveries in attempts to cover his tracks. Nearly 160 checks were cashed, totaling $822,397.
Miller must also pay back the full amount.
Have something to say? Share your thoughts with us in the comments below.