Breaking News         Latest US News              New York News              Fx Tribune

3 Powerful Products That Will Help You Heal
An executive for Olympus Corp. racked up $372,000 in unauthorized charges on his corporate credit card, according to papers filed Monday in federal court. The criminal information filed in Allentown says Douglas Sofranko of Slatington racked up the charges...

Olympus executive charged with embezzling $372K

An executive for Olympus Corp. racked up $372,000 in unauthorized charges on his corporate credit card, according to papers filed Monday in federal court. The criminal information filed in Allentown says Douglas Sofranko of Slatington racked up the charges...

Olympus executive charged with embezzling $372K

An executive for Olympus Corp. racked up $372,000 in unauthorized charges on his corporate credit card, according to papers filed Monday in federal court.

The criminal information filed in Allentown says Douglas Sofranko of Slatington racked up the charges between Dec. 21, 2013, and Feb. 1, 2016.

Sofranko is a senior specialist in the health care professional consulting management division of the Upper Saucon Township-based corporation. Olympus is an international provider of electronics, including medical devices.

Olympus had to write a check for $358,000 to American Express to cover the cost of Sofranko's charges, court papers say.

Sofranko is charged with mail fraud and aiding mail fraud.

Attorney A. Charles Peruto Jr. told the Morning Call of Allentown Sofranko used the money for personal expenses and to start a business. He intended to pay back hte money but the business failed, Peruto told the newspaper.

Peruto wasn't immediately available for comment Wednesday morning.

Rudy Miller may be reached at rmiller@lehighvalleylive.com. Follow him on Twitter @RudyMillerLV. Find Easton area news on Facebook.

 

Our editors found this article on this site using Google and regenerated it for our readers.

Breaking News Headlines

banner30
Trump offers Peña Nieto the help he needs after the earthquake
Trump offers Peña Nieto the help he needs after the earthquake
At least 25 dead in a primary school in southern Mexico City
At least 25 dead in a primary school in southern Mexico City
Women are More Likely than Men to Neglect Retirement Savings, Study Shows
Women are More Likely than Men to Neglect Retirement Savings, Study Shows
Harold Alfond Foundation Pays Off $685K in Student Loan Debt for 20 Maine Students
Harold Alfond Foundation Pays Off $685K in Student Loan Debt for 20 Maine Students
Mature, the only world leader who comes out in support of independence
Mature, the only world leader who comes out in support of independence
Evacuated a British Airways plane in Paris for a false alarm
Evacuated a British Airways plane in Paris for a false alarm
Arrested a second person for the London Metro bombing
Arrested a second person for the London Metro bombing
Riots in San Luis after the exoneration of a white policeman who killed a black
Riots in San Luis after the exoneration of a white policeman who killed a black
A white guard invents an African-American shooter to justify an accident with his own weapon
A white guard invents an African-American shooter to justify an accident with his own weapon
An Air Force one experience
An Air Force one experience
Rescinding the DACA Could Cost Employers $6.3 Billion
Rescinding the DACA Could Cost Employers $6.3 Billion
The Top 4 Things You Should Do If Charged With Driving Under the Influence
The Top 4 Things You Should Do If Charged With Driving Under the Influence
POLLS Results ALL
Who is the most powerful actor in Syria

banner31
Front Pages
  • The Sun
NEWS ARCHIVES