Ex-Florida Resort Execs Order to Pay $300,000 Restitution to Insurer

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.