Accountant Sentenced for Embezzling Nearly $1 Million

Nathaniel Wills, a 34-year-old accountant from Anderson, Indiana, has been sentenced to 41 months in federal prison for embezzling nearly $1 million from his employer, Indiana Flooring, over a span of 18 months. Pleading guilty to wire fraud, Wills was also ordered to pay $877,507 in restitution and will serve three years of supervised release following his prison term. His fraudulent activities included transferring funds from the company's payroll and operating accounts to his personal accounts, using the stolen money to pay personal debts and fund online gambling. Wills attempted to cover his tracks by falsifying company records and manipulating accounting ledgers. U.S. Attorney Zachary A. Myers highlighted the severe impact of Wills' actions on the company and its employees, emphasizing that financial crimes carry significant consequences. The case underscores the importance of accountability for those who exploit positions of trust.