A former Elk Grove resident and chief financial officer of a Sacramento-area engineering firm has pleaded guilty to his role in a $2.5 million embezzlement scheme.
Vincent J. Doyle, 55, now a resident of Syracuse, Ind., pleaded guilty Wednesday in federal court in Sacramento to mail fraud arising out of his embezzlement from his former employer, according to a U.S. Attorney’s Office news release.
According to court documents, Doyle was the chief financial officer of a civil engineering firm in Sacramento and El Dorado counties. From 2001 until he retired from the firm in 2009, Doyle used his position to write unauthorized checks from the firm’s bank accounts that totaled at least $2.5 million. To conceal the fraud, authorities said, Doyle often entered false payee information into the firm’s checkbook register and opened a post office box to receive mail associated with his fraud.
Doyle is to be sentenced Feb. 25 by U.S. District Judge Kimberly J. Mueller.
The case resulted from an investigation by the FBI.