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Man pleads guilty to embezzling $700K from UT firm

Published September 1, 2014 11:27 am
This is an archived article that was published on sltrib.com in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Cedar City, Utah • A 39-year-old man has pleaded guilty to second-degree felony theft charges for embezzling nearly $700,000 from his employer.

Under a plea deal with the Iron County Attorney's Office, 39-year-old Nathan Esplin will receive a one-year jail sentence and 36 months of probation.

His attorney, Jack Burns, told The Spectrum of St. George (http://bit.ly/1qSX7zc ) Esplin also has already lived up to an agreement to repay $500,000 to Leavitt Group Enterprises.



Esplin signed a promissory note to pay another $150,000 to Traveler's Insurance, which paid that amount in a claim to the company.

According to court records, Esplin took $682,342 over a nine-year period by 2014 while employed as treasurer and chief accounting officer of the company.

Burns says Esplin admitted to the embezzlement when confronted by his employer.

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Information from: The Spectrum, http://www.thespectrum.com

 

 

 

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