$2 Million Embezzled For Strippers, Cars, Gambling: San Antonio Court Gives Man 5 Years In Jail
SAN ANTONIO — A man has been sentenced to just over five years in prison after admitting in federal court in San Antonio to spending most of the almost $2 million embezzled from his employer on strippers, luxury vehicles and gambling.
Prosecutors say 41-year-old Michael Dennehy was sentenced Monday to five years and three months in prison. He was also ordered to pay restitution of about $1.9 million to his employer.
He pleaded guilty Dec. 17 to a single count of bank fraud, admitting he forged numerous company checks over six years. Court records show he wrote checks to himself and deposited them in his personal banking accounts. He also wrote company checks to pay his credit card bill.