Gregg William Johnson, Embezzlement, Minnesota 2021

Gregg William Johnson, a 59-year-old man from Apple Valley, Minnesota, has been sentenced to 27 months in prison for defrauding his employer out of more than $930,000.

According to court documents, Johnson was hired as the Chief Financial Officer for a Minnesota-based manufacturing company in February 2014. As part of his job duties, Johnson was responsible for overseeing and tracking all cash flow for the company and had signatory authority on the company’s bank accounts.

Between 2014 and July 2020, Johnson stole approximately $930,000 in company funds by issuing checks from the company’s bank accounts to cover personal expenses such as credit card payments, mortgage payments, and college tuition for his children. To conceal his theft, Johnson added false entries into the company’s accounting software to make the cashflow appear balanced.

On March 4, 2021, Johnson pleaded guilty to one count of wire fraud. Acting U.S. Attorney W. Anders Folk for the District of Minnesota made the announcement after Senior U.S. District Judge Donovan W. Frank sentenced the defendant.

This case was the result of an investigation conducted by the FBI and the Apple Valley Police Department. This case was prosecuted by Assistant U.S. Attorneys Allison K. Ethen and Kimberly A. Svendsen.

Gregg William Johnson, the defendant, is a 59-year-old man from Apple Valley, Minnesota. The exact criminal charges against him are one count of wire fraud. The city and state involved in this case are St. Paul, Minnesota. Johnson was sentenced on March 4, 2021. The sentence or outcome for Johnson is 27 months in prison followed by 3 years of supervised release. The dollar amounts involved in this case are $930,000.

Gregg William Johnson, a former CFO, has been sentenced to prison for embezzling from his employer. The case against him was the result of an investigation by the FBI and the Apple Valley Police Department. Johnson pleaded guilty to one count of wire fraud and was sentenced to 27 months in prison followed by 3 years of supervised release.

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