SEC: Utah CPA Siphoned Millions from Employer
- Wednesday, 29 September 2010
- News
The SEC has received a court order freezing the assets of Paul R. Beckwith, a 37-year old Layton, Utah, CPA, after accusing him of transferring millions of dollars from Theradoc, a company that employed him as assistant controller, to an account controlled by his CPA firm. He is also accused of investing the money in his own accounts and of altering Theradoc bank records to cover up the diversion.
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