Related Federal Cases
Beavercreek Business Owner Charged with Embezzling $95,550 from Employee Retirement Savings Plan
Park Place maintained a retirement savings benefit plan for its employees and from July 2011 to December 2012, Buller, as the sole trustee of the plan, allegedly drew eight checks totaling $95,550 on the retirement plan account and converted the money to his own use.
“Employees of small businesses contribute to retirement plans relying on the money being there when they retire, and business owners have a special responsibility to maintain those plans solely for the benefit of their employees” said U.S. Attorney Billy J. Williams. “This office, in partnership with the Department of Labor, will vigorously investigate and prosecute business owners who take money out of their employees’ pockets in this manner.”
This case was investigated by the U. S. Department of Labor, Employee Benefits Security Administration. The case is being handled by Assistant U. S. Attorney Seth D. Uram.
Buller, a 63-year-old Beavercreek resident, is charged with embezzlement in violation of 18 U.S.C. § 664. The indictment alleges that from July 2011 to December 2012, Buller drew eight checks totaling $95,550 on the retirement plan account and converted the money to his own use.
The indictment specifies that Buller was the President and sole owner of Park Place Wood Products, Inc., based in Oregon City, Oregon. The company made high-end cabinetry for homes and businesses and in a typical year employed between 10 and 20 people.
The case is ongoing and no sentencing date has been scheduled. Buller is currently free on bond.
Key Facts
- State: Oregon
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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