Ohio State University’s newest president plans to lay out his vision for the university at a formal installation ceremony months after his rough start as the school’s 15th leader.
Dublin Business Owner Imprisoned For 401(k) Theft
A businessman from Dublin will spend a year in prison after prosecutors say he used $120,000 in employee retirement funds to pay for country club memberships, expensive cars and a condo on Lake Erie.
58-year-old Cliff Gallatin owned the now-defunct American Systems Consulting, an IT and web hosting business based in Dublin. Authorities say for more than five years he took retirement contributions out of employeesâ€™ paycheck, but instead diverted that money into the companyâ€™s general fund and wrote checks to himself to fund his lavish lifestyle.
The judge in the case says he hopes the tough sentence serves as a warning to other corporate executives.