Waukesha Man Sentenced to Prison for Embezzling $800K
John F. Losee, 61, told a federal judge he started stealing money from Heim Corp. in Sussex after a bank sold his business.
A 61-year-old Waukesha man was sentenced to 21 months in federal prison followed by four years of probation for embezzling more than $800,000 from a Sussex business, according to the IRS’ Criminal Investigation Department. U.S. District Judge Lynn Adelman handed down the sentence to John F. Losee, the former general manager at Heim Manufacturing Corp., who stole the money from the company between 2003 and 2009. “Over the last three years I have had the opportunity to go through a process of self-evaluation to try to understand how I could make such a huge mistake of betrayal and dishonesty to all who trusted and relied on me,” Losee said in a letter to Adelman. “I am truly sorry. I am also thankful that the truth came out in 2009 and that …
In this Article:
mkitty
4:13 pm on Monday, May 13, 2013
I can relate once the Medicare/acid is exhausted.. You are screwed, then the health system tries to literally kill you because there is no money. One sad situation begets another sad situation. I don't condone the behavior but I can understand it. more ›