AN EX-EMPLOYEE of Microsoft has been sentenced to two years in federal prison for stealing money from the firm.
Randal Ray Seal stole $1m from Microsoft, according to Techflash, by manipulating in-house methods of paying vendors.
The 54-year-old was an analyst in accounts payable and must have been pretty good at his job as according to court papers his theft, which saw him redirecting funds to a bank account belonging to his dead mother, was only noticed after he had left the firm.
So far he has repaid an impressive $515,375 to Microsoft, a sum that it probably earned in the time it took to write this, and has been ordered to pay the remaining $550,380.
US District Court Judge James L. Robart told Seal that he was going to be made an example of, reports Techflash, and explained that there "needs to be a lesson that this kind of money laundering and fraud is not going to be permitted and the accountants of the world can end up going to jail because of it."
Seal expressed remorse for his crimes when the FBI turned up at his door with evidence provided by Microsoft, and pleaded guilty to one count of money laundering. µ
Tags: Microsoft
That's a pretty horrible abuse of the trust they placed in him. Mostly that just suggests that they didn't vet the guy properly though.
It's pretty easy to check whether a href="http://www.choose-your-accountant.co.uk" chartered accountants /a have a good reputation or not.
I agree with our shouty friend up there, too. His mum must feel sick to her stomach.
THE CRIMINAL ACCOUNTANT WAS OBVIOUSLY IN THE WRONG LINE OF WORK THEN.
DON'T STEAL, UNLESS YOU ARE CONVINCED YOU CAN GET AWAY WITH IT!
IMAGINE THIS GUY'S MOM, HOW SHE MUST FEEL?
SAD.
"Make an example of"??? Blah blah, what about the people responsible for the current global recession, who have stolen over a billion dollars while millions lose their homes and jobs. Instead of going to prison and paying back the money, they keep it and get promoted to work for Obamas cabinet!