Arkansas man gets 5 years in prison for stealing $9 million

News

LITTLE ROCK, Ark. (AP) — An Arkansas man who admitted stealing more than $9 million while working as an accountant for a Trumann-based business has been sentenced to five years in federal prison.

Edward M. Cooper pleaded guilty in January to bank fraud.

He admitted writing 138 unauthorized checks to himself on an account for Roach Manufacturing Corp., which makes conveying equipment.

Cooper was sentenced Tuesday.

The Arkansas Democrat-Gazette reports Cooper admitted using the money to buy jewelry and furs for his wife and to build a $2 million cabin on the Spring River in Fulton County, on the border with Missouri.

Cooper apologized to the family that owns the business.

Stay up to date with the latest news by downloading the KTVE/KARD News App from the App Store or Google Play.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss

Don't Miss

Trending Stories