Carmel Man Showed No Remorse for $2M Embezzlement

A certified fraud examiner testified that a Carmel man showed no remorse when confronted with allegations that he embezzled nearly $2 million from his employer, a plastics recycler in Yorktown.

Prosecutors say that, Newman wrote payroll checks to himself and stole payroll funds earmarked for withholding taxes. Newman of Haley Hill Drive faces first-degree grand larceny charges, a felony, and faces charges that he failed to file state personal income tax returns from June 17, 2005, to April 15, 2008. He is free on $250,000 bail. His trial continues today in Westchester County Court in White Plains. He faces up to 25 years in state prison if convicted of the grand larceny charge.

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A "white collar" crime is typically a criminal offense that is committed in a business or financial environment, often involving politicians, business executives, or others in positions of trust or responsibility within a company. Many white collar crimes are types of non-violent larceny crimes, such as fraud, theft of services, embezzlement or identity theft. White collar crimes may be charged in State or Federal court, depending on the particular offense.

If you or a loved one has been arrested or is currently under investigation for a white collar crime in Westchester County, New York please contact the Law Offices of Robert Schuster as soon as possible. You may be in danger of facing imprisonment and heavy fines if you are convicted.  Mere allegations of fraud, embezzlement, forgery or larceny may cause serious damage to your reputation and future business ventures. You need - and deserve - an aggressive criminal defense attorney who can effectively protect you against a conviction and who is accustomed to protecting his clients from the media and alleged victims.