Ill. accounting ex-partner charged in $4M NY theft

Ex-partner at Chicago-based accounting firm arrested in $4 million theft at NY offices

NEW YORK (AP) -- A former longtime partner at the New York offices of a Chicago-based accounting firm has been arrested and charged with stealing nearly $4 million in client payments.

Authorities say Craig Haber was arrested Wednesday at his Manhattan apartment.

U.S. Attorney Preet Bharara (bah-RAHR'-ah) says Haber is accused of betraying his partners at Grant Thornton LLP by deceiving clients.

Authorities say Haber instructed clients between 2004 and last July to send checks to him rather than to the firm's headquarters.

The accounting firm says it immediately contacted authorities and cooperated fully with them.

Haber has been released on $500,000 bail. He could face up to 20 years in prison if convicted of mail fraud.

Defense lawyer Michael Bachner has declined to comment.

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    In the wake of the Washington state bridge collapse, would you support a tax hike for infrastructure projects?

    Loading...
    Poll Choice Options