Chesterfield Man Sentenced on Embezzlement Charges
For Immediate Release
U.S. Attorney's Office, Eastern District of Missouri
St. Louis, MO – JOEL WISHNE was sentenced to 30 months in prison involving his embezzlement of approximately $825,500 from SafeVision, LLC, during a three year period. In addition to the prison sentence, he was ordered to pay $782,500 restitution.
According to court documents, Wishne was a managing member of SafeVision, LLC, a company in the business of providing optical and optometry services. SafeVision also manufactured, sold and distributed eyewear products, including safety, industrial, sport, dress and other eyewear products both nationally and internationally. Wishne served as the accountant for the company and ran the day-to-day operations, which included the deposit of funds received, as well as payment of the company’s expenses. He maintained the account records and prepared the yearly financial statements, which were emailed to the other managing members of SafeVision. Unbeknownst to the managing members, Wishne inflated certain expenses and the cost of goods within the annual financial statement, while underreporting certain income that the company received in order to conceal the fact that he was embezzling money from the company and using these stolen funds for his own personal benefit.
Wishne, Chesterfield, MO, pled guilty in February to two felony counts of wire fraud. He appeared Thursday afternoon for sentencing before United States District Judge Catherine D. Perry.
The case was investigated by the Federal Bureau of Investigation. Assistant United States Attorney Dianna Collins handled the case for the U.S. Attorney’s Office.
Updated June 22, 2015