Washington D.C. – In a shocking turn of events, Edmund D. Rheem, the embattled executive vice president of the bankrupt corporation, Swartzell Rheem Hensey Co, pleaded guilty to concealing notes worth $162,000 belonging to the company. The plea, made before Justice Peyton Gordon in Criminal Division 1 of District Supreme Court, marked the beginning of the end for Rheem’s once-promising career. According to court records, Rheem had been accused of embezzling the funds, but the second count of the indictment was unexpectedly dropped by Assistant United States Attorney General Nugent Dodds and Special Assistant Neil Burk.
Related Federal Cases
- John Doe, $10M TRICARE Fraud Scheme, Washington DC, 2023 · Washington
- Franklin Olaitan Admits to Wire Fraud, Washington D.C., 2023 · Washington
- ATT Inc. Fined $2M for Court Order Violations, Washington DC, 2023 · Washington
- Bobbie Cyana Ryan, $3M Training Program Scam, Washington D.C., 2023 · Washington
- FDIC Unveils Six Large Banks’ Secret Filings, Washington, 2025 · Washington
Key Facts
- State: National
- Category: White Collar Crime
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
📬 Get the grimiest stories delivered weekly. Subscribe free →
Browse More
MORE FEDERAL CRIME NEWS
White Collar CrimeSarah Johnson, Mail Fraud, Louisiana 2024
Jul 23, 2021
White Collar CrimeSchenectady Nightclub Owners Get Prison Time for Pandemic Relief Scam
May 15, 2024
White Collar CrimeTerry Conklin, Asbestos Cover-Up, NY 1999
Oct 1, 1998
White Collar CrimeProSeeds Marketing, Inc, False Representation, Oregon 2023
Sep 24, 2021