Two former financial executives of a beach resort on Florida’s Gulf coast were sentenced to three years in prison for embezzlement.
Former Tradewinds Islands Resorts CFO Sam Baage and former technology director Harold William James were each sentenced to three years in prison on Tuesday. They also must pay a combined $300,000 in restitution to the hotel’s insurance company and $38,000 to the Tradewinds itself.
Officials said the two conspired to steal more than $782,000 from the well-known beach resort. The Tampa Bay Times reports that both men pleaded guilty to multiple counts of grand theft as part of an agreement.
Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Pacific Northwest Braces for Even More Flooding Rain This Week 
Cat Bonds Linked to Wildfires Lose ‘Once Untouchable’ Status 
Abbott Presses Congress for Shield Over Preemie Baby Formula Litigation That Could Cost It Billions 
NYT Asks Judge to Dismiss Trump’s ‘Implausible’ Defamation Suit 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.