WASHINGTON, May 1 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
NEWARK, N.J. - A Bergen County man and former Revenue Agent for the Internal Revenue Service was arrested yesterday for embezzling more than $12 million and money laundering as the then-Chief Financial Officer and Controller of a fuel company based in New Jersey, U.S. Attorney Robert Frazer announced.
"As alleged in the complaint, Robert McCloughy - a former IRS Revenue Agent entrusted to enforce the tax laws - used his position as a company's CFO and Controller to steal more than $12 million and then launder the proceeds for his own benefit. This Office is committed to rooting out sophisticated fin...