ASR Exec Gets 30 Months For $1M Fraud

Law360, New York (October 13, 2010, 4:21 PM EDT) -- A former executive at bankrupt American Safety Razor Co. has been sentenced to 30 months in prison after pleading guilty to fraud charges related to nearly $1 million in personal expenses he racked up through the company's credit card-purchasing program.

Joseph Scott Champion was sentenced by Judge Samuel G. Wilson of the U.S. District Court for the Western District of Virginia to 30 months on Wednesday.

The penalty, which also includes $925,881 in restitution, was within the sentencing guidelines and was not unexpected, Champion's attorney Frederick...
To view the full article, register now.