Granby Man Sentenced to Prison for Embezzling from Employer

Granby Man Sentenced to Prison for Embezzling from Employer

Vanessa Roberts Avery, United States Attorney for the District of Connecticut, announced that DAVID McMANUS, 57, of Granby, was sentenced today by U.S. Circuit Judge Sarah A. L. Merriam in Bridgeport to 18 months of imprisonment, followed by three years of supervised release, for fraud and tax offenses stemming from his embezzlement of funds from his employer.

According to court documents and statements made in court, McManus was the Chief Financial Officer for a Hartford-based company for nearly 14 years.  Between 2012 and 2018, McManus embezzled approximately $433,584 from the company by using company funds to pay off his personal credit card expenses, and by issuing reimbursements to himself for personal expenses unrelated to the company.

McManus also filed federal income tax returns that omitted the embezzled income for the 2015 through 2018 tax years, resulting in a tax loss of $104,094 to the IRS.

Judge Merriam ordered McManus to pay full restitution to his former employer, as well as all back taxes owed to the IRS.

On May 12, 2022, McManus pleaded guilty to one count of wire fraud and one count of tax evasion.

McManus, who is released on bond, is required to report to prison on February 8.

This matter was investigated by the Internal Revenue Service – Criminal Investigation Division, Federal Bureau of Investigation, and Hartford Police Department.  The case was prosecuted by Assistant U.S. Attorney Margaret Donovan.

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