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Ex-Microsoft accountant gets two years for theft

Fiddled accounts at the software firm
Wed Sep 07 2011, 10:00

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

 

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