More than $300,000 was stolen by a former employee of a non-profit organization in Willimantic, Connecticut, according to an accounts payable audit that found misappropriation of payroll accounts.
According to The Associated Press, William Lavimoniere served as the chief financial officer for Project Genesis, Inc., an organization which helps local residents who have disabilities. Lavimoniere conducted the illegal activity over a period of three years, and he has been sentenced to 33 years in prison for the theft, and will be required to pay back the full amount in restitution and back taxes, the source reports.
Lavimoniere stole more than $300,000 by manipulating the company's accounting software to keep former employees on payroll even after they had left the organization, states the Norwich Bulletin. The ex-staff members' salaries were then transferred directly to three personal bank accounts under Lavimoniere's name. He also wired other funds electronically to his accounts, which he hid from executives by making them look as though they were for business-related or tax expenses. Lavimoniere spent the embezzled money on a variety of personal purchases, including travel, home improvement and entertainment, the newspaper reports.