An executive for a company in Lewistown stole $218,098 over a 21-month period, according to a federal criminal complaint.
Patrick Henry Stewart, of Centre Hall, worked at Nittany Paper Mills from 2007 to 2016. He was the company’s vice president of operations.
The complaint alleges Stewart made fraudulent charges for personal goods and services totaling more than $70,800 to company credit card accounts. He also allegedly caused the company to pay him more than $70,000 in unapproved salary and bonuses in 2015. Stewart also wired about $34,000 from the company’s Juniata Valley Bank account to other accounts for his personal use, according to the complaint.
Other alleged transactions led to investigators determining Stewart had stolen more than $218,098, which Stewart agreed was the correct amount in a signed plea agreement.
He was charged in the complaint with wire fraud.
The plea agreement outlined a guilty plea in which Stewart would make full restitution with a schedule to be decided by the court. The guilty plea for felony wire fraud would also carry up to 20 years in prison, a fine of $1 million and up to five years of supervised release.
The court is not required to accept the plea agreement.