Friday, February 13, 2009

Elsie Law's Daily Dose Of The Law

Charges have been filed against a Morgan Stanley Vice President. He was arrested yesterday for allegedly stealing $2.3 million from the company.

According to The New York Daily News, the executive stole the money over a 7-year period of time. His high ranking in the company gave him the authority to write checks.

The wayward executive reportedly funneled the stolen money into an account for himself. He is charged with grand larceny, and the falsification of business records.

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