Company VP sentenced for fraud | Crime
The former vice president of a local sign printing business has been sentenced to prison time for mail fraud.
Authorities say Ronald Tead Cawthon, Jr., of Moore, was sentenced to serve 27 months in federal prison for mail fraud and failure to file an income tax return for 2008.
Cawthon was the vice president of S&S Promotions.
Officials say Cawthon issued checks on the business accounts made payable to himself or his personal creditors.
Those checks totaled $155,342.08.
In addition to the prison sentence, he will also be forced to pay restitution on that cash and pay $97,419 to the IRS for unpaid taxes.
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