« As Financial Scandals Proliferate, More Colleges Offer Forensic Accounting Courses | Main | Maryland Woman Awaiting Sentencing After Pleading Guilty to Embezzling $250,000 »

Chicago Man Accused of Embezzling $3 Million from American Airlines

The FBI announced earlier this month that Gary M. Aumann, a manager for American Airlines at O'Hare International Airport, was charged with embezzling more than $3 million from the airline to fund a lavish lifestyle that included the purchase of numerous vehicles, riverfront property in Missouri, a 35-foot yacht, and monthly payments to a dancer.

The scheme involved the diversion by Aumann of more than $3 million in "business" toward companies owned by co-defendant Donald Down even though Down's companies, A & D Supplies and Addison Business Supplies, did no work for American. The two simply split the proceeds, according to the charges.

See the full story here.

TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d83455b64e69e200e54fc98e198834

Listed below are links to weblogs that reference Chicago Man Accused of Embezzling $3 Million from American Airlines:

Comments

The comments to this entry are closed.

Back to home

Subscribe to this blog by email


Subscribe to this blog's feed


Subscribe in NewsGator Online

Contact Us Today!