Couple pleads guilty to embezzling more than $1.1M from charity

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by WHAS11/NEWS RELEASE

WHAS11.com

Posted on July 10, 2014 at 3:49 PM

Updated Thursday, Jul 10 at 11:10 PM

LOUISVILLE, Ky. (WHAS11) -- The former chairman of the Woodcock Foundation and former owner of the DBM-Dental Direct of Louisville pleaded guilty in the United States District Court on Thursday, July 10, to a felony information charging the couple with interstate transportation of stolen property and money laundering totaling $1,141, 030, from the Episcopal Church Education Foundation, according to the United States Attorney for the Western district of Kentucky David J. Hale.

Chalres Muir, age 61, and Diana Muir, age 60, of Louisville, admitted in court that between April 2007 and June 11, the couple unlawfully transferred or caused to be transferred in interstate commerce $1,141,030 of funds that had been stolen or take by fraud from the Woodcock Foundation.

The funds were transferred from Your Community Bank in Louisville, Ky., to locations outside of Kentucky. The $1,141,030 was taken without authority from the Woodcock Foundation, a charitable trust providing college scholarships in the Louisville, Ky. area.  In addition the defendants conducted financial transactions involving the proceeds of the $1,141,030 by depositing checks from the Woodcock Foundation into the Your Community Trust bank account of DBM dental to disguise the nature of the transactions.

From April 2007 through June 2011, Charles Muir was the chairman of the Woodcock Foundation, a charitable organization associated with the Episcopal Church of Louisville, Ky. It was during that time frame, Diana Muir owned and controlled DBM.

According to the terms of the plea agreement, Charles Muir and Diana Muir agreed to plead guilty to the felony information and at the time of sentencing, pay restitution to the Woodcock Foundation, in the amount of $1,141,030. At the time of sentencing, the United States will agree that a sentence of imprisonment of six months is the appropriate sentence in this case for defendant Diana Muir and a sentence of 46 months is the appropriate sentence in this case for defendant Charles Muir.

Sentencing is scheduled before Senior District John G. Heyburn II, on October 23, 2014, in Louisville.
 

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