Granby man sentenced to prison after embezzling more than $400,000 from Hartford company

  • In US
  • 2022-12-03 14:48:00Z
  • By Hartford Courant

A Granby resident who embezzled hundreds of thousands of dollars from his former employer was sentenced to 18 months in prison this week for fraud and tax offenses, according to federal authorities.

David McManus, 57, also was sentenced to three years of supervised release. He must report to prison on Feb. 8, 2023, after being out on bond following a guilty plea to one count of wire fraud and one count of tax evasion in May, according to federal authorities.

Court documents did not name the company but described it as "a Hartford, Connecticut based company" that specializes in garage and other doors.

Authorities, citing court records, said that during his time as the chief financial officer of the company, from 2004 to 2018, McManus had unrestricted access to the company's bank account.

Between August 2012 and December 2018, McManus embezzled roughly $433,584 through wire transfers, duplicate paychecks and reimbursements for personal purchases to pay off his credit card expenses, according to federal authorities.

Additionally, from 2015 to 2018, McManus filed federal income tax returns that omitted his embezzled income, which resulted in a $104,094 tax loss to the IRS, according to federal authorities.

U.S. Circuit Judge Sarah A. L. Merriam ordered McManus to repay the embezzled funds in full to his former employer and all IRS back taxes.


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