Former executive of Paric Corp. gets 3 years in prison

4 years 6 months 5 days ago Tuesday, December 01 2015 Dec 1, 2015 Tuesday, December 01, 2015 2:13:29 PM CST December 01, 2015 in News
By: The Associated Press

ST. LOUIS (AP) — A former top executive of a large St. Louis-based construction firm has been sentenced to more than three years in prison for a scheme to use company money for personal expenses.

A federal judge on Monday sentenced 59-year-old Brian Paluch of Kirkwood, the former chief financial officer and executive vice president of Paric Corp. He must also repay $393,659 to the company, and pay a $15,000 fine. He was convicted of three counts of mail fraud in August.

Federal prosecutors say Paluch used his company credit card to pay for personal travel, dining, spa charges, electronics and other things from 2010 through February 2014, sometimes forging the name of the company's president on financial summaries to falsely indicate that the payment was approved.

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