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Worley & Obetz's former CEO, controller charged with using company funds to pay $1M in personal cred
Worley & Obetz’s former CEO, controller charged with using company funds to pay $1M in personal credit card debtThe former CEO and controller of Worley & Obetz were charged Monday in a $1 million scam to pay the CEO’s personal credit debt, the Lancaster County district attorney's office announced.
Jeffrey B. Lyons, former CEO, and Karen L. Connelly, controller for the Manheim-based energy company before retiring in 2016, were taken into custody Monday, according to the district attorney's office.
Charges stem from “years of theft from Worley & Obetz,” District Attorney Craig Stedman said during a press conference Monday afternoon.
The matter was brought to law enforcement’s attention by the controller who replaced Connelly in 2016 and noticed irregularities in the payments, Stedman said.
Read more: https://lancasteronline.com/news/local/worley-obetz-s-former-ceo-controller-charged-with-using-company/article_1c72ff4e-aa20-11e8-bb86-9702d32b2a2e.html