White-Collar Crime

Ex-CFO at Major Law Firm Gets 10.5 Years in $2.6M Theft Case


A former chief financial officer at a top-tier Australian law firm has been sentenced to a prison term of ten and a half years after admittedly stealing nearly 2.7 million (about $2.6 million in U.S. dollars) from Minter Ellison between 2004 and 2011.

Craig Raneberg, who served as CFO of the firm’s offices in Adelaide and Darwin, pleaded guilty in March to 70 theft counts in South Australian District Court, reports Legal Week. He may actually serve only a little over six years.

He reportedly was motivated to steal in order to fund a lavish lifestyle.

Earlier coverage:

ABAJournal.com: ”Jailed Ex-CFO Stole Nearly $2.7M from Top Law Firm Over 10 Years, Prosecutor Says”

Previous:
In Unusual Move, Consumer Agency Sues to Bar Sales of Buckyballs

Next:
Judge Reaffirms Gag Order re Colo. Movie Theater Slayings, Has It Served on Law Enforcement Agencies


We welcome your comments, but please adhere to our comment policy. Flag comment for moderator.

Commenting is not available in this channel entry.