http://www.mansfieldnewsjournal.com/art ... ck_check=1
Mansfield man accused of embezzling $1 million
Apr. 27, 2013
Written by News Journal staff report
CLEVELAND — A Mansfield man was indicted Thursday on charges that he embezzled more than $1 million from annuity accounts at an insurance company where he worked, said Seven M. Dettelbach, U.S. Attorney of the Northern District of Ohio.
Willard C. Lee, 51, was indicted on one count each of insurance embezzlement and wire fraud.
The indictment alleges he embezzled about $1,056,000 from Allstate customer annuity accounts between July 2007 and December 2011. Lee forged customer signatures on withdrawal requests to Allstate and Lincoln Benefit Life, a company wholly owned by Allstate, which sells annuities, according to the indictment.
Lee was employed by Allstate.
Once fraudulent paperwork was submitted, Lee had the proceeds wire-transferred into bank accounts he controlled in Mansfield, according to the indictment.
The case was presented for indictment by Assistant U.S. Attorney James V. Moroney after an investigation by the Federal Bureau of Investigation’s Mansfield office, which followed up an investigation by the Investigative Services unit of the Allstate Insurance Company.