A former chief financial officer in North Carolina has been sentenced to 41 months in federal prison for wire fraud, after embezzling over $2 million from his employer.
Samuel Allen Mouzon, 62, of Lexington, North Carolina, was sentenced by the Honorable Catherine C. Eagles, United States District Judge, in the United States District Court for the Middle District of North Carolina.
Mouzon pleaded guilty on June 29, 2022, to wire fraud, a violation of Title 18, United States Code, Section 1343. He was ordered to serve three years of supervised release, pay a $5,000 fine, and a special assessment of $100.00.
A $500,000.00 forfeiture money judgment was also entered against Mouzon. He was ordered to pay $2,038,285.66 in restitution to the victim company and an insurance company from which the victim company recovered a portion of the total loss.
The embezzlement occurred between December 2018 and February 2021, during which time the company received approximately $750,000 in federal pandemic relief funding. Mouzon used the stolen funds to purchase numerous items of real and personal property, including a lake-front residence in Lexington, a condominium in North Myrtle Beach, South Carolina, and several vehicles.
“Corporate executives who steal from their employers will be prosecuted in the Middle District of North Carolina, where our prosecutors will seek active prison sentences,” said U.S. Attorney Sandra J. Hairston.
The investigation was jointly undertaken by the United States Secret Service and the Office of the Inspector General for the U.S. Small Business Administration.
Related Federal Cases
- SAMUEL ALLEN MOUZON Sentenced to 41 Months for Wire Fraud, Greensboro NC, 2022 · South Carolina
- Lessie Dickerson, Home-Improvement Fraud, North Carolina 2023 · South Carolina
- Sarah Hooper, Health Care Fraud, North Carolina 2023 · Georgia
- Russell Ferguson, Medicaid Fraud, North Carolina 2023 · Georgia
- Ricky Costello Williams, Tax Fraud Scheme, North Carolina 2023 · South Carolina
Key Facts
- State: North Carolina
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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