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Justice News

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

Wednesday, June 15, 2016

Spring Hill Man Sentenced in Embezzlement Scheme

Robert Majors, 58, of Spring Hill, Tenn., was sentenced today to 20 months in prison, followed by two years of supervised release, for embezzling more than $600,000 from his former employer, announced David Rivera, United States Attorney for the Middle District of Tennessee. U.S. District Court Judge Aleta Trauger also ordered Majors to pay $642,500.00 in restitution and to forfeit the proceeds of his crime.

Majors pleaded guilty in March 2015 to two counts of wire fraud in connection with a scheme to embezzle funds from his former employer, Irving Materials, Inc. (“IMI”). During the sentencing hearing, evidence established that while employed as Controller of IMI in Nashville, Tenn., Majors made fraudulent, electronic transfers in excess of $600,000, from an IMI bank account to his personal bank account during a seven-year period. Majors then took steps to conceal his fraud by recording the transfers as company purchases of fixed assets in the company’s journal entries. Majors admitted to using the funds derived from his scheme to, in part, pay his mortgage and other loans, pay credit card bills, make home repairs, and pay for a cruise to Italy.

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 June 15, 2016