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Former Director of Marketing Sentenced to 21 Months in Prison for Embezzling $246,000

United States Attorney Kevin V. Ryan announced in late June that Michael Fox, 43, of Mill Valley, California, was sentenced to twenty-one months in prison, and ordered to pay $246,832 in restitution for defrauding his former employer, CPP, Inc., a business consulting organization in Mountain View. According to the plea agreement and complaint filed by the FBI, Mr. Fox, who was Director of Marketing at CPP, Inc., created a fictitious company named Spotted Cow. After setting up a Spotted Cow website, the defendant opened up a business bank account, and arranged for a business address through a private mailbox service. On his home computer and personal laptop, Fox created fictitious invoices showing that Spotted Cow had performed advertising services for CPP Inc. In his managerial position at CPP, Fox authorized the invoices for payment. CPP paid over $216,000 to Fox for services that were never performed, and he used the funds for personal expenses.

See the full release here.

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