Arizona CEO Pleads Guilty to Embezzling More Than $8.8 Million From Benefit Plan

James Vincent Campbell, 49, of Scottsdale, Arizona, pleaded guilty today in the District of Maryland to embezzling more than $8.8 million from an Employee Retirement Income Security Act (ERISA) benefit plan. The source identifies Campbell as an Arizona CEO and says the stolen money came from an ERISA benefit plan.

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No additional facts are provided about how the funds were taken, whether anyone else was charged, or how the loss was discovered. The case is a federal plea entered in Maryland.

The only verified financial figure in the source is the amount embezzled: more than $8.8 million. No sentencing date, restitution order, or other court action is stated.

#Scottsdale #Maryland

Image Credit: 360LiveNews

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