Former construction CFO found guilty of mail fraud - KMOV.com

Former construction CFO found guilty of mail fraud

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ST. LOUIS, Mo. (KMOV.com) -

The former chief financial officer of a local construction company was convicted on federal fraud charges of mail fraud on Wednesday.

Brian Paluch, former CFO of Paric Construction, was found guilty of stealing nearly $150,000 dollars in company funds between January 2010 and February 2014. Paluch allegedly used the money for personal expenses such as spa trips, electronics and gifts for family members and friends.

To conceal the fraud, 58-year-old Paluch submitted false financial summaries and forged signatures on the altered summaries, said a press release.

Paric Construction was contracted for tax-funded projects in the area. However, the construction company told News 4 that an internal audit has been performed and none of the alleged money taken came from customer or project accounts.

Paluch was found guilty on three counts of mail fraud and will be sentenced on November 30. Each count carries a maximum sentence of 20 years and fines up to $250,000.

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