Published 2 months ago

Ex-president of Santa Clara metal finishing company sentenced to prison for fraud

Summary by Ground News

Harry Corl III, 71, of Pittsburg, was also ordered to pay $253,625 in restitution to 30 former employees and shareholders. Corl used corporate funds to purchase jewelry from Tiffany & Co. and make lease payments on a Ferrari 599 GTB. A grand jury indicted Corl on several wire fraud and money laundering counts in November 2018.

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The Mercury news

Ex-president of Santa Clara metal finishing company sentenced to prison for fraud

The ex-president and CEO of a Santa Clara-based metal finishing company who improperly used corporate funds to buy jewelry from Tiffany & Co. and lease a Ferrari has been sentenced to 2½ years in federal prison, according to authorities.

2 months ago·San Jose, United States

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