Baldwin man admits to embezzling almost $500,000 from Daphne company

MOBILE, Ala. (WALA) – The former controller of a Daphne business has pleaded guilty to a federal embezzlement charge, admitting that that he used company money for unauthorized Christmas bonuses, first-class travel and other personal expenses.

According to Colin David Walsh’s written plea agreement, the total fraud amounted to $478,231.

U.S. District Judge Kristi DuBose on Friday set Walsh’s sentencing hearing for July 2. He faces a maximum of 10 years in prison for theft in connection with health care, although federal prosecutors have agreed to recommend leniency…

Story continues

TRENDING NOW

LATEST LOCAL NEWS