Judy and Joseph Del Galdo (mother and son) have been sentenced to 4 to 12 years in prison for embezzling over $16 million from two textile companies over the course of 7 years. The thefts from Hi-Fashion Fabrics, Inc. totaled approximately $6 million. The thefts from Timeless Treasures Fabrics, Inc. totaled approximately $10 million. The Del Galdos laundered the stolen money through a shell company, and then spent much of it on luxury items. $6.67 million was diverted to an ambulance company owned by Joseph that ultimately failed. The Del Galdos  spent millions on luxury items including $500,000 on private jets, $368,000 in payments toward a million dollar yacht, $166,000 in home theater purchases, $42,000 in custom tailored suits, $54,000 in Apple and iTunes purchases, $889,000 in mortgage and related payments on three different properties, all of which have since fallen into foreclosure. They also owned a $127,000 Mercedes S63 and a $55,000 Infiniti QX56.
http://manhattanda.org/node/2255/print

It allegedly took Amanda J. Munson just three days to commit fraud. Hired as a cashier at Harrington's of Vermont, Munson is charged with taking $751. The location's management conducted an investigation when the receipts did not match the sales numbers.
http://www.burlingtonfreepress.com/article/20111217/NEWS02/111217003/Harrington-s-worker-faces-embezzlement-charges-?odyssey=nav|head

Stanley Mieszala's attorney pleaded not guilty to charges that he stole $34,000 from Lassen Pines Mutual Water Co. Mieszala allegedly transfer the funds to his personal bank account and subsequently paid off his personal credit cards. He joined the company in 2004 as a bookkeeper.
http://www.redding.com/news/2011/dec/16/mieszala-pleads-not-guilty/

Jeremy Kealoha Belisario has been sentenced to 12 years for taking $825,000 from two companies. The fraud resulted in one company to lay off employees. While employed with a family-owned corporate travel business, Belisario made fraudulent personal purchases using his company credit card as well as clients' credit card numbers. He also made fraudulent purchases at Gucci, Neiman Marcus, Ralph Lauren, Louis Vuitton and Van Cleef & Arpels.
http://latimesblogs.latimes.com/lanow/2011/12/travel-manager-embezzlement.html

Felix LaSaracina was sentenced to 5 years for defrauding clients of $4.1 million and failing to pay $700,000 in employment taxes. LaSaracina convinced numerous individuals and clients that he had investment opportunities where their money would be invested in a construction project with an individual who had previously had a bad experience with traditional bank. LaSaracina provided documents or investment contracts which included various provisions including a promise to repay the principal sum of the funds invested or loaned, a set interest rate, a confidentiality clause, and a personal "unconditional guarantee". He used the funds to pay personal expenses such as credit card bills, to pay business expenses and to make bogus "interest payments" to other investors. He also converted a large amount of the funds to cash.
http://www.fbi.gov/newhaven/press-releases/2011/norwich-accountant-who-stole-from-clients-sentenced-to-more-than-five-years-in-federal-prison?utm_campaign=email-Immediate&utm_medium=email&utm_source=new-haven-press-releases&utm_content=57660