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TexasTowelie

(112,347 posts)
Tue Dec 25, 2018, 02:12 AM Dec 2018

Accountant gets prison for embezzling $3.4M from famed literary agency

“Fight Club” author Chuck Palahniuk was financially coldcocked by a crooked accountant who embezzled millions from his Manhattan agent.

Bookkeeper Darin Webb was sentenced to two years in federal prison last week for ripping off the best-selling writer along with other literary luminaries, including the estates of “Godfather” author Mario Puzo, Peter Matthiessen and Studs Terkel.

“This chain of events leaves me close to broke,” Palahniuk said, according to court papers. “Since the crime was uncovered, people have offered their children’s college funds. They’ve offered to mortgage their houses to keep me afloat. They’ve come forward with legal advice and stop-gap, hands-on help.”

Palahniuk was bilked of more than $1.4 million in royalties and advances after Webb fleeced more than $3.4 million from his agency, Donadio & Olson, which was forced to file for bankruptcy last month.

Read more: https://nypost.com/2018/12/22/accountant-gets-prison-for-embezzling-millions-from-famed-literary-agency/

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Accountant gets prison for embezzling $3.4M from famed literary agency (Original Post) TexasTowelie Dec 2018 OP
two years for 3.4 M? Grasswire2 Dec 2018 #1
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