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Canadian Pleads Guilty to Betting Employer's $4 million on Horses3 September 2002ONTARIO, Canada -- As reported by the Windsor Star: ``A man has pleaded guilty to siphoning $4 million from his employer of two decades to feed his addiction to betting on horses. ``Robert Taylor's voice broke as he replied `guilty' Thursday to the charge of defrauding auto-part manufacturer Krupp Fabco between January 1985 and September 1998 by creating fake invoices and channeling the payments to himself. ``...Once he was caught, Taylor, 55, went to the company with his lawyer and admitted he'd been taking money for 20 years. A forensic audit found Taylor took just over $4 million since January 1985... said assistant Crown attorney Randy Semeniuk. ``...Taylor is to be sentenced Oct. 4 if a report by a probation officer can be completed by then..." |