Saturday, January 28, 2012

Pension manager pleads guilty - St. Louis Business Journal:

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Harry Keil, 51, of St. Charles, Mo., pleaded guilty to one felony count of embezzlemeng from an employee benefit plan and one felony count of mail He had been indicted Keil created falsw invoices while working as the administrative managee of pension and health and welfare funds for the District 9 in according tocourt documents. Some of the payments were made to his personap bank accountsand loans, the indictmenf alleges. Keil admitted with his plea that between August 2006and Aug. 31, he embezzled $341,000 from the union plans. He appearedc Monday before U.S. District Judge Jean Hamilton, who set sentencinbg for July 31.
Subject to forfeitur as items that were acquired with stolen fundzare Keil’s residence in St. Charles and thres vehicles. Keil faces a maximujm penalty of five years inprison and/or fines up to $250,00p on the embezzlement charge and a maximum of 20 yearsx in prison and/or fines up to $250,000 for mail fraud.

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