Saturday, February 7, 2009

So That's Where the Money Went

A Tampa Tribune credit manager and his wife allegedly swindled the newspaper out of $1 million by creating a private credit collection company and diverting checks to a private account.

The couple, Lynda and Charles T. Wilson, were arrested Thursday in Tampa. The scheme took place over a 10-year period, indicating folks at the Tampa Trib weren't minding the store. Newspaper executives said it recovered most of the money from insurance. So I guess that means, what the hey! The wife may negotiate a plea deal, which presumably includes ratting out on her husband.

And we wonder how the newspaper business got to this state.

No comments: