We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

BNY Mellon Staffer Who Embezzled $7M Gets 3-Year Sentence

Law360, New York (February 23, 2018, 4:06 PM EST) -- A former accounts payable manager at Bank of New York Mellon who copped to wire fraud after Manhattan federal prosecutors accused him of embezzling more than $7 million was sentenced on Friday to three years behind bars, about half of what the government sought.

U.S. District Judge J. Paul Oetken ran through a long list of factors that seemed to cut in favor of a harsh sentence for Christopher Canale, who was charged last year after his employer, BNY’s Pershing LLC unit, reported him to authorities....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.