BINGHAMTON, N.Y. (AP) — Federal prosecutors say the former owner of an upstate New York payroll and human services company has been sentenced to 24 weekends confined at home and ordered to repay more than $500,000 he stole from about 100 clients.
The U.S. Attorney’s Office says 43-year-old William Stiles of Deposit was sentenced Thursday in federal court in Binghamton. He pleaded guilty last year to felony charges of wire fraud and tax evasion.
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Stiles was part-owner and the chief operating officer of Aeden Waterford Inc. of Binghamton. Prosecutors say that over a five-year period beginning in November 2005, Stiles stole client funds that were supposed to be used to pay employment withholding taxes.
In addition to almost $530,000 in restitution, he must pay more than $64,000 in back taxes.
