A Manhattan bookkeeper has been sentenced to two years in prison for embezzling over $3.3 million from a literary agency and its clients.
Darin Webb, 48, of Manhattan, New York, was sentenced in Manhattan federal court on [no date given] for his role in the scheme, which began in 2011 and continued until his arrest in 2018.
Webb, who worked as a bookkeeper for Donadio & Olson, a Manhattan-based literary agency, used his position to transfer more than $3.3 million of funds from the agency’s bank accounts to bank accounts that he controlled.
In order to evade detection, Webb made changes to the agency’s accounting records to disguise the nature of the transfers.
Webb pled guilty to one count of wire fraud in July 2018, and he was sentenced to two years in prison, three years of supervised release, a forfeiture money judgment in the amount of $3,300,000, and restitution in an amount to be determined.
U.S. Attorney Geoffrey S. Berman praised the work of the FBI in uncovering the scheme and bringing Webb to justice.
Webb’s theft was eventually uncovered, and he is now facing the consequences of his actions. As a bookkeeper, Webb had a position of trust, and he abused that trust to line his own pockets with millions of dollars.
Key Facts
- State: New York
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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