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Justice News

Department of Justice
U.S. Attorney’s Office
Middle District of Tennessee

Tuesday, March 15, 2016

Spring Hill Man Pleads Guilty to Embezzlement Scheme

Robert Majors, 58, of Spring Hill, Tenn., pleaded guilty on March 10, 2016, to two counts of wire fraud in connection with a scheme to embezzle more than $600,000 from his former employer, announced David Rivera, United States Attorney for the Middle District of Tennessee.

In a plea hearing before U.S. District Court Judge Aleta Trauger, Majors admitted that, while employed for more than seven years as Controller for Irving Materials, Inc. (“IMI”), he fraudulently embezzled more than $600,000 from IMI. Majors stated that he used electronic wire transfers from an IMI bank account into his personal bank account to embezzle the funds. Majors admitted that he concealed his fraud by recording the transfers as company purchases of fixed assets, such as concrete, in the company’s journal entries. Majors admitted to using the embezzled funds for a variety of personal reasons, including paying his mortgage and other loans, credit card bills, to make home repairs, and to pay for a cruise to Italy. 

Majors faces up to 20 years in prison on each wire fraud count, a criminal fine of up to $250,000 for each count, and forfeiture of any criminal proceeds.  He will also be ordered to pay restitution in the amount of $642,500.  Majors will be sentenced by Judge Trauger on June 15, 2016. His sentence will be imposed by the Court after consideration of the U.S. Sentencing Guidelines and applicable federal statutes. 

The case was investigated by the Federal Bureau of Investigation.  The United States is represented by Assistant U.S. Attorney Thomas J. Jaworski.

Financial Fraud
Updated March 16, 2016