Former CFO gets 6 years for stealing from nonprofit
Last Updated: 255 days ago
FORT COLLINS, Colo. -
The former chief financial officer of a nonprofit home health care service in Fort Collins and Greeley has been sentenced to six years in prison for stealing half a million dollars from his employer.
The Coloradoan reports 55-year-old Timothy Lee Brown pleaded guilty to felony theft and was sentenced Wednesday.
He was accused of stealing the money from the Rehabilitation and Visiting Nurse Association between February 2002 and March 2012. Brown, who was appointed CFO in 1999, was fired after confessing last March.
An investigation found the nonprofit's losses came by 519 payroll advance checks and unauthorized expenses charged to two different company credit cards. The checks totaled $446,005 and the credit card charges totaled $72,977.
An affidavit says that before Brown's arrest, he had repaid more than $335,000.
Coloradoan link: http://noconow.co/16aOqUJ
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