Former CFO of El Dorado County firm convicted of $2.5 million embezzlement
Submitted by paula on Thu, 04/30/2015 - 10:30pm
Vincent J. Doyle, former CFO of Morton & Pitalo, was sentenced on Wednesday by United States District Judge Kimberly J. Mueller to 51 months in prison for mail fraud arising out of his embezzlement from his former employer of more than $2.5 million. Doyle was also ordered to pay over $2.5 million in restitution.
Doyle, 56, worked for the civil engineering firm located in Sacramento and El Dorado counties. From 2001 until he retired from the firm in 2009, Doyle used his position to write unauthorized checks in small varied amounts from the firm’s bank accounts that totaled over $2.5 million. In order to conceal his fraud, Doyle often entered false payee information into the firm’s checkbook register and opened a Post Office box to receive mail associated with his fraud. According to court documents, the defendant used a great deal of the money to pay the expenses for an exotic dancer/prostitute, including plastic surgery.
This case is the product of an investigation by the Federal Bureau of Investigation. The case was prosecuted by Assistant United States Attorney Lee S. Bickley.
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