Ex-School Treasurer Admits Embezzling
From Times Wire Reports
A former treasurer at a Massachusetts vocational school will plead guilty to federal charges he embezzled millions of dollars and used the money to buy a horse racing stable, the U.S. attorney in Boston said. In exchange for a recommendation he serve four years and nine months in jail, Paul R. Blanchette, 48, agreed to plead guilty to charges he embezzled about $5.5 million from Bay Path Vocational Technical High School in Charlton, Mass., and committed tax fraud, U.S. Atty. Donald Stern said.
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