Former Patterson-UTI Energy CFO Sentenced to 25 Years Imprisonment for $77 Million Embezzlement
We've followed the ongoing saga of Jonathan D. Nelson, the former CFO of Patterson-UTI Energy who embezzled more than $77 million from the company.
The District Attorney for the Northern District of Texas announced on October 10, 2006 that Nelson was sentenced to a prison term of 25 years after pleading guilty.
Nelson's perpetrated his embezzlement using forged checks, bogus invoices and other schemes.
See the full release here.
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