Granby Man Sentenced To Federal Prison Over Embezzlement Scheme

BRIDGEPORT, CT — A Granby resident was sentenced Friday to 18 months of imprisonment, followed by three years of supervised release, for federal fraud and tax offenses stemming from his embezzlement of funds from his employer.

David McManus, 57, was sentenced by U.S. Circuit Judge Sarah A. L. Merriam in Bridgeport. He is released on bond, and is required to report to prison on February 8, according to Vanessa Roberts Avery, United States Attorney for the District of Connecticut.

According to court documents and statements made in court, McManus was the chief financial officer for a Hartford-based company for nearly 14 years. Between 2012 and 2018, he embezzled about $433,584 from the company by using company funds to pay off his personal credit card expenses, and by issuing reimbursements to himself for personal expenses unrelated to the company, Avery said.

McManus also filed federal income tax returns that omitted the embezzled income for the 2015 through 2018 tax years, resulting in a tax loss of $104,094 to the IRS, Avery said.

Merriam ordered McManus to pay full restitution to his former employer, as well as all back taxes owed to the IRS, Avery said.

On May 12, 2022, McManus pleaded guilty to one count of wire fraud and one count of tax evasion, according to Avery.