A Hutchinson man has been sentenced to 60 days in federal prison for stealing $145,000 from a company where he worked.
Richard H. Yust, 65, of Hutchinson, Kan., pleaded guilty to one count of wire fraud. In his plea, he admitted the crime occurred while he was working as controller for F&H Insulation Sales and Service, Inc., in Kechi, Kan.
He used company credit cards to make unauthorized purchases of items for his personal use.
After serving the sentence, Yust will be on supervised release for three years.
U.S. Attorney Stephen McAllister commended the FBI and Assistant U.S. Attorney Lanny Welch for their work on the case.
The case is a reminder that embezzlement is a serious crime that can have severe consequences.
In addition to his prison sentence, Yust was ordered to pay full restitution.
This case is a prime example of the importance of holding individuals accountable for their actions.
The sentence was handed down in Wichita, Kan., on an unspecified date in 2023.
This case highlights the need for companies to have robust internal controls in place to prevent embezzlement.
Richard H. Yust is a resident of Hutchinson, Kan., and worked as a controller for F&H Insulation Sales and Service, Inc., in Kechi, Kan.
The exact date of the crime is not specified, but it is believed to have occurred in the past.
Yust admitted to using company credit cards to make unauthorized purchases of items for his personal use.
The total amount of money stolen is $145,000.
Key Facts
- State: Kansas
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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