Butler Man Misappropriated Trust Funds
PITTSBURGH, Pa. - Acting United States Attorney Robert S. Cessar announced today, May 17, 2010, that Randy Elash, a resident of Butler, Pennsylvania, pleaded guilty in federal court to a charge of misappropriation by a fiduciary.
Elash, age 45, pleaded guilty to one count before United States District Judge Nora Barry Fischer.
In connection with the guilty plea, Assistant United States Attorney Scott W. Brady advised the court that Elash, being a fiduciary, did embezzle and knowingly misappropriate $25,959.15 of money and property coming into his trust and control in the execution of his fiduciary duties.
Judge Fischer scheduled sentencing for October 1, 2010 at 9:00 a.m. The law provides for a total sentence of five (5) years in prison, a fine of $250,000, or both. Under the Federal Sentencing Guidelines, the actual sentence imposed is based upon the seriousness of the offense and the criminal history, if any, of the defendant.
The Department of Veteran's Affairs, Office of the Inspector General, conducted the investigation that led to the prosecution of Randy Elash.