Financial Manager of Riverton Companies Sentenced to Ten Years

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Financial Manager of  Riverton Companies Sentenced to Ten Years

The former financial manager of 2 Riverton companies has been sentenced to six to 10 years behind bars for stealing from his employers. A judge also ordered Gerald Emil Anderson to pay $1.5 million in restitution.

 Anderson had been accused of embezzling more than $2.5 million from 2000 through 2010 from Star-Tech Inc. and Precision Analysis. He entered Alford pleas Wednesday to two felony counts of larceny by bailee. Under an Alford plea, a defendant acknowledges that prosecutors likely have enough evidence for conviction, without actually pleading guilty. Anderson's attorney, Jeff Stanbury, says Anderson still faces federal proceedings regarding tax liability.

 

Photo By  Wayne Niccolis www.dailyranger.com