Man charged with embezzling $1.4M from Montgomery Co. company

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October 23, 2013 3:01:34 PM PDT
A Montgomery County CFO is facing embezzlement charges after police say he stole over $1.4-million from his company.

Tredyffrin Township Police say Guido La Vella embezzled over the money from Taylor Gifts, where the 29-year-old worked as the company's Chief Financial Officer.

La Vella allegedly used the stolen money to buy high-end automobiles, jewelry and Philadelphia Eagles tickets.

Prosecutors say he also spent close to $50,000 for a meet and greet with the Dave Matthews Band.

The embezzling reportedly began back in 2009 and ended when La Vella abruptly resigned this year.