William Monroe, a former VP in Meritage Homes' Nevada division, faces up to 20 years in prison after pleading guilty to stealing $1.4 million from the builder. According to an AP report [1], Monroe submitted fraudulent invoices to his former employer over a four-year period. Monroe could also be required to pay fines of up to $250,000.
Read the AP report. [1]
Links:
[1] http://www.therepublic.com/view/story/b0706dc1e6b44b1e9dad7eaeb24c5a47/NV--Mail-Fraud-Nevada/