GREENSBORO – The former chief financial officer of a company in High Point, North Carolina, was sentenced today in federal court in Greensboro for wire fraud, announced United States Attorney Sandra J. Hairston of the Middle District of North Carolina.

SAMUEL ALLEN MOUZON, age 62, of Lexington, North Carolina, was sentenced to a 41-month term of imprisonment by the Honorable Catherine C. Eagles, United States District Judge in the United States District Court for the Middle District of North Carolina.  In addition to prison time, MOUZON was ordered to serve three years of supervised release and to pay a $5,000 fine and a special assessment of $100.00.  A $500,000.00 forfeiture money judgment was also entered against the defendant.  He pleaded guilty on June 29, 2022, to wire fraud, a violation of Title 18, United States Code, Section 1343.

According to court records, MOUZON worked as the chief financial officer of a company in High Point for approximately twenty years. Between approximately December 2018 and February 2021, MOUZON embezzled approximately $2,038,285 for his own personal benefit and to fund purchases for himself and his family without the company’s knowledge or approval.  During this time, the company received approximately $750,000 in federal pandemic relief funding.  The Court ordered MOUZON to pay $2,038,285.66 in restitution to the victim company and an insurance company from which the victim company recovered a portion of the total loss.

To continue reading the rest of the article, please click on the source link below:

https://www.justice.gov/usao-mdnc/pr/former-chief-financial-officer-sentenced-41-months-imprisonment-2-million-fraud