Executive, escort suspected of spending $5.8 million on company credit card

From Chicago Tribune, “financial executive of a north suburban drug device company gave a professional escort access to his company credit card.

Less than a year and a half later, the two had run up unauthorized charges of nearly $5.8 million, according to the FBI.

both Kennedy and Lundberg are under investigation for fraud and money laundering, he held the top financial post at its U.S. manufacturing plant.”

 

it became aware of possible improper financial activity by Kennedy earlier this year and hired an independent accounting firm

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