Employee charged with embezzling $5 million from BMG LabTech

Money Generic_337662

RALEIGH, N.C. (AP) — A corporate executive in North Carolina is accused of stealing more than $5 million from his medical technology company, going on lavish trips, staying at the Trump International Hotel in New York, spending $145,000 at a steakhouse and making big donations to his church.

The News & Observer reports the embezzlement trial of Hugh Johnson II begins Monday. The former secretary at BMG LabTech allegedly took the money over six years, much of it using a company credit card.

State Bureau of Investigation documents show Johnson made more than 300 unauthorized wire transfers for himself and friends and owns three homes and five luxury vehicles.

Johnson told the judge at a bond hearing he’s an active churchgoer.

BMG LabTech fired Johnson and said the Ortenberg, Germany-based company remains financially strong.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss

Trending Stories

Community Calendar