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Mo. man admits embezzling $770K from employer

Mo. man admits embezzling $770K from employer

March 25th, 2011 in News

A northwest Missouri man has admitted embezzling nearly $770,000 from companies that operate nursing homes and in-home care providers.

The U.S. Attorney's office says 45-year-old Glenn Wade Muir III, of St. Joseph, pleaded guilty Thursday to a single count of bank fraud stemming from the embezzlement scheme.

Muir worked for several years as chief financial officer of a pair of sister companies, Quality of Life Management Inc. and Saxton's Christian Care and Investments Inc.

Muir embezzled more than $769,000 over a five-year period by forging the owners' names on checks. He also lied about paying the corporations' taxes.

Muir fled St. Joseph in May 2009 after stealing about $24,000. He was arrested last October in Las Vegas.