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Thursday, August 1, 2013

Jackson Township, Ohio man accused of embezzlement

A Jackson Township financial adviser is facing a federal felony charge of bank embezzlement and five felony counts of filing false tax returns stemming from an alleged scheme to defraud multiple clients out of more than $442,000.
David Lee Cheviron, 61, was a financial accountant for FirstMerit Bank, Huntington Bank and Chase Bank from 2006 to 2010, during which time authorities believe he defrauded the banks and stole money from four clients, according to a news release from the U.S. Attorney’s Office in Cleveland.
Cheviron is accused of making unauthorized withdrawals from the investment accounts of the four clients and forging signatures to deposit money into his personal account, according to court records. He also is accused of failing to report the money received on federal tax returns.
The charges are a result of a joint investigation conducted by the FBI and Internal Revenue Service.
Federal prosecutors allege in court papers that Cheviron’s position as a financial consultant “allowed him to have personal contact with bank customers, access to bank records, and to communicate with, give directions to, and mislead employees” of the banks.
A court hearing is to be scheduled for mid-August. The charges were filed by way of a bill of information, which often signals a defendant’s cooperation with the government.
Cheviron could enter a change of plea to guilty on all or some of the charges, said Daniel Dever, a spokesman for the IRS office in Cleveland.
Cheviron’s hearing is to be in front of federal Judge Donald C. Nugent.
The case against Cheviron is being prosecuted by Assistant U.S. Attorney Vasile C. Katsaros.

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