Christopher Stehm accused of embezzling $650K from Ametek - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX

Mason man accused of embezzling $650K from employer

PHILADELPHIA (FOX19) -

A Mason, Ohio man is accused of defrauding his employer of nearly $700,000 by submitting phony expense reimbursements, some of which were to buy personal cars, meals and even the family dog.

Christopher Stehm, 51, has been charged with two counts of wire fraud and two counts of filing false tax returns.

According to the U.S. Attorney General's Office, Stehm was the chief accounting officer at Pennsylvania-based Ametek, Inc. He worked at two different company offices, including one in Cincinnati, when he allegedly submitted phony expense reimbursements with several doctored receipts.

Investigators believe Stehm cut off the tops of receipts or used white-out to make them appear "business-related." Stehm also allegedly used copies of the same receipts to support multiple expense reimbursement claims. 

According to investigators, these expense reimbursements submitted to Ametek either never happened or were personal in nature.

Court documents allege that among the personal expenses Stehm submitted for reimbursement from Ametek were repairs to his personal cars, private meal and the purchase of a family dog.

Stehm also allegedly hid his illegal income from the IRS and under-reported his annual income by more than $100,000 in both 2010 and 2011.

If convicted of all charges, Stehm faces could face a maximum sentence of 46 years in prison, three years of supervised release, a $1 million fine and a $400 special assessment.

The case was investigated by the FBI and the IRS Criminal Investigations.

Ametek manufactures electronic instruments and electromechanical devices for sale across the globe. The company is headquartered in Berwyn, Pennsylvania, but it has offices in the U.S. and overseas. 

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