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SAN ANTONIO — (Associated Press) - A man has admitted in federal court in San Antonio to spending most of the $1.7 million he embezzled from his employer on escorts and gambling.
The San Antonio Express-News (http://bit.ly/1wMy7f1 ) reports Bexar Waste employee Michael Dennehy pleaded guilty Wednesday to a single count of bank fraud, admitting he forged numerous company checks over six years. Sentencing is set for March 9. He faces up to 30 years in prison.
Records show Dennehy agreed to plead guilty before the FBI and federal prosecutors took his case to a grand jury. An FBI affidavit says Dennehy began writing checks to himself after being promoted to a position managing accounts payable.
Defense attorney Alan Brown said Dennehy, married with five children, feels remorse. Brown says, "I think those are big addictions."
