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The Nexus
CRIMEJul 8 · 09:00 UTCWDIV CLICKONDETROITSamantha Sayles

Wayne County man pleads guilty to embezzling funds from former employer

Jacob Wise, a 29-year-old from Riverview, pleaded guilty to wire fraud and money laundering after embezzling over $1.1 million from a small business where he worked. He diverted funds to controlled accounts posing as vendors and used the money for purchases, including a Ford F-150. He faces up to 20 years in prison and a $250,000 fine.

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