A former business owner in Montana was sentenced to 5 years’ probation and ordered to pay $74,249.19 in restitution for embezzling funds from an employee benefit plan.
Steven C. Munson, the sole owner of DDCS Express, Inc., a postal service provider based in Bozeman, was sentenced to 5 years’ probation and ordered to pay restitution on March 24, 2014, in a federal court session in Helena.
The sentence is in connection with Munson’s November 2013 guilty plea to embezzlement from an employee benefit plan. In his plea, Munson admitted to not depositing the required amounts into the plan and failing to pay his employees all of the fringe benefits due and owing between January 2007 and June 2010.
The total amount of loss attributable to Munson’s conduct is approximately $70,770.52, broken down as follows: $2,652.25 in unpaid contributions to the plan, $46,219.28 in unpaid fringe benefits, and $21,898.99 in funds removed from the liquidated plan account and not remitted to employees.
During the same period of time that he failed to fund and manage the plan, Munson paid himself considerable sums of money, writing himself approximately $744,000 in company checks.
The Employee Benefits Security Administration (EBSA) had opened an investigation into Munson’s activities after receiving a complaint from a DDCS employee in July 2010.
The case highlights the importance of ensuring that employee benefit plans are properly managed and that employees receive the benefits they are entitled to.
For more information about this case or to report any similar instances of embezzlement, contact the U.S. Attorney’s Office for the District of Montana.
Related Federal Cases
- Steven D. Pjevach, Corrupt Interference with Internal Revenue Laws, Montana 2017 · Idaho
- Trevor Gene Lanius-McLeod, PPP Loan Embezzlement, Montana 2024 · Montana
- Jennifer Sue Whiteford, Embezzlement, Montana 2023 · Indiana
- Lynada Laticia Mahone, Wire Fraud, Montana 2018 · Washington
- Willard Wilson White III, Wire Fraud, Montana 2024 · North Dakota
Key Facts
- State: Montana
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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