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CPA Robbed Widow, Avoids Jail

Handcuffs open An CPA who stole $140,000 from a widow avoided jail but agreed to give up his professional licenses.  According to reports from Tri-States Public Radio, the victim in the case was not happy with the plea deal involving Allan Reusch, CPA.

Reusch of Malcomb, Ill., was placed in the Offender Initiative Program for two years with the additional requirements paying a $3,900 fine and court costs, performing 100 hours of community service and agreeing not to violate criminal laws.

The victim, Catherine Corey, who appeared in court in McDonough County, Ill., was quoted by Tri-States as saying the agreement between Reusch and prosecutors “measly,” and she referred to Reusch as a thief.

Corey drove a 14-hour round trip from her home in Kentucky to read a statement.

Her husband, who died on Aug. 14, 2017, had considered Reusch his best friend. But according to Corey’s reported remarks“ just eight days later,, the defendant (Reusch) began a series of transactions, taking money and selling off my investments.” Tri-States quoted her as saying Reusch also robbed the account while her husband was still alive.

Corey retrieved the money through a settlement agreement, but only after hiring an attorney to investigate. Tri-States reported Corey stated the deal “is very disappointing. I’m very disappointed in the state’s attorney’s office for not putting in the time and the effort that they should have put into this case to let the judge know what was going on.” 

According to Tri-States,Reusch’s attorney, Justin Bougher, said the case was not as clear cut as others made it out to be.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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