September 26, 2021

CPA Given Five Years to Think on ‘Thou Shalt Not Steal’

California CPA Donald Gridiron was sentenced to 57 months in prison for stealing more than $4 million from a New Jersey church and another nonprofit where he served as treasurer. Gridiron was also ordered to pay $5.1 in restitution. Apparently this all happened when some friendly bets on the golf course spiraled into something slightly more serious:

According to Gridiron's public defender Candace Hom, Gridiron started out gambling by betting a few dollars while playing golf.

That blew up into an all-consuming gambling addiction at casinos, where he spent as much as $230,000 in one day, she said. According to court records, Gridiron also used the embezzled funds to pay his home mortgage and for a luxury car.

This went on for seven years. Then he was caught and, bam, no more gambling problem.

[APP, NJ.com]

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