Growth Strategies

Grand Theft Auto, for Real

The former CFO of a high-end car dealer is accused of embezzlement.
Marie LeoneSeptember 14, 2007

The former chief financial officer of a luxury-car dealership in Florida has been charged with embezzling more than $500,000 during a five-year period. Andrew Casale, onetime CFO of Reeves Import Motor Cars, was arrested at his home on Thursday morning and charged with six counts of second-degree grand theft and 100 counts of third-degree grand theft. He also faces racketeering and organized fraud charges, according to the Tampa police department.

A police spokesperson told the missing funds were discovered recently by an outside auditor firm that was hired by the dealership owners after they became suspicious of Casale’s activities.

Reeves, which sells several makes of high-end autos, including Maserati, Porsche, Land Rover, BMW, and Audi, has been family owned and operated since 1971. Officials at the company declined to comment on Casale’s arrest.

4 Powerful Communication Strategies for Your Next Board Meeting

4 Powerful Communication Strategies for Your Next Board Meeting

This whitepaper outlines four powerful strategies to amplify board meeting conversations during a time of economic volatility.