A Southlake man who embezzled more than $2 million from his employer was sentenced to three years in prison Monday.
Daniel Mangini, 61, was also ordered to pay more than $2.4 million in restitution, including the victim’s attorney fees, investigative costs and prejudgment interest. U.S. District Judge Barbara Lynn ordered Mangini to surrender to the Federal Bureau of Prisons by May 5, a news release from the U.S. attorney’s office said.
Mangini was the chief financial officer at Service King Paint and Body Llc. in Richardson and the personal certified public accountant for Edward Lennox, Service King’s owner, the release said.
From January 2006 to February 2012, when he resigned, Mangini wrote unauthorized checks from Lennox’s accounts to enrich himself, according to the release. Mangini either failed to record or backdated checks to conceal his embezzlement scheme, the release said.
In one instance, Mangini wrote an unauthorized check for $40,000 to American Express from one of Lennox’s accounts. The government has been able to collect more than $1.75 million for the victim from the sale of real estate and luxury items, including the confiscation of beachfront property in Destin, Fla., the release says.
Mitch Mitchell, 817-390-7752