State
of Florida
Office of the State Attorney
16th Judicial Circuit
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Office of the State Attorney 16th Judicial Circuit
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Criminal Justice System Overview Employment Opportunities |
August 31, 2005 Circuit Court Judge Mark Jones today sentenced a Key West man to five years behind bars and twenty-five years probation for embezzling more than $407,000 from his employer in a scheme that lasted two years. Charles McCoy (no relation to County Commissioner Charles “Sonny” McCoy), 50, pleaded guilty to grand theft charges on June 30, 2005. “White collar crime, like theft from corporations, is too often seen victimless,” said State Attorney Mark Kohl. “In this case, a business had to close down and several of its employees lost their jobs. We were happy to see justice served today.” When the title insurance company for which McCoy worked changed ownership, McCoy was supposed to close the old firm’s bank accounts and open others for the new business. Instead, he kept the accounts open, unbeknownst to his new bosses, and deposited revenue from the new company into the clandestine accounts – accounts on which he could write checks. And write checks McCoy did. Between January, 2003 and September, 2004 stole $407,236.88 from Atlantic Title and Abstract Company. He bought two cars including a Mercedes-Benz from Ft. Lauderdale. He also rented a waterfront apartment on Hilton Haven Road. In today’s sentencing hearing, McCoy’s defense attorney argued that he could repay the stolen funds if Judge Jones gave him probation rather than incarceration. But Scott Nyman, McCoy’s victim, pressed the court for jail time. Although the court ordered financial restitution, Nyman said he doubted he would ever see it. |
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Last modified:
10/23/07
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