Mukilteo Beacon - Your Hometown News Source

general and specialty dentistry

Co-owner of Mukilteo commercial flooring business sentenced to prison for wire fraud

Man embezzled more than $1 million, victimizing business partner and financial institutions

 

Last updated 10/6/2021 at 2:43pm



A 47-year-old Everett man was sentenced Friday, Oct. 1, in U.S. District Court in Seattle to 2 years in prison for his embezzlement scheme that stole more than $1 million from a commercial flooring business he co-founded with a friend, Acting U.S. Attorney Tessa M. Gorman announced.

David M. Gluth, founded Gluth Commercial Flooring with a friend, who put up $500,000 to start the company. Between 2011 and 2016, Gluth and a co-conspirator raided the company accounts to pay for everything from a home mortgage, to luxury vacations, to Nordstrom bills, and liquor purchases. At the sentencing...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021