Jacksonville accountant accused of embezzling millions from trust, spending some on dancers

news4jax.com/news ^ | Published: January 23, 2023 at 4:01 PM Updated: January 23, 2023 at 5:37 PM | Anne Maxwell, I-TEAM and general assignment reporter

[V_TWIN]

JACKSONVILLE, Fla. – A Jacksonville accountant is facing a first-degree felony charge of organized fraud after police say he embezzled between $3 million and $4 million from a trust and spent some of that money on exotic dancers.

Richard Aboud, 80, was arrested on Jan. 5. He bonded out of the Duval County jail that same day.

Investigators said he committed the fraud over the course of a decade.

[dfwgator]

“Duuuuval!”

[Yo-Yo]

JACKSONVILLE, Fla. – A Jacksonville accountant is facing a first-degree felony charge of organized fraud after police say he embezzled between $3 million and $4 million from a trust and spent some of that money on exotic dancers.

He must have squandered the rest...

[Robert DeLong]

At 80, he figured he would get caught, but he didn’t care. He was going out with a bang, or 2 or 3.

[bankwalker]

please provide pictures of the dancers ...

[Red Badger]

Lemme guess........................

[protoconservative]

The group of slime from Professional Jacksonville vs the group of no slime from Professional Jacksonville is not the same ratio as the rest of the nation, excluding Albany NY, Sacramento and a few other notiable cities... What could be in common?

[RoosterRedux]

It is interesting how the dopamine high from crime pushes the criminal to keep the high going by other means (like lap dances, hookers, Las Vegas, drugs, running for public office like the Senate or the presidency).

[9422WMR]

Happens more frequently than you would think. Big CPA firm in Texas, everybody who had money used them. They were stealing all the clients.
Name of Cheatum. I kid you not!

[V_TWIN]

At 80 spending money on strippers is a little like a dog chasing a car isn’t it?.......so you finally catch one....then what???

[Magnum44]

say he embezzled between $3 million and $4 million from a trust and spent some of that money on exotic dancers

The rest he wasted. LOL!

[AppyPappy]

Best embezzling scheme I know about was the manager of the Trust was trading investments through a broker. He made thousands of trades a year resulting in a fat stack for the trader which I imagine resulted in some kickback to the manager. The family never looked at the books so long as they got their monthly check. I knew the accountant but not any names or places.

[AppyPappy]

Viagra

[Yo-Yo]

Name of Cheatum. I kid you not!

LOL, the Three Stooges had the law firm of Dewey, Cheatum, and Howe.

[FamiliarFace]

LOL, I was gonna say the same thing!

[gloryblaze]

At his age, I imagine he had several accounts of elderly folks, who were riper for picking.

[shotgun]

Timed it up just right. Steal and live high on the hog and then get yourself caught with little time and quality of life left to live.

[gloryblaze]

The group of slime from Professional Jacksonville vs the group of no slime from Professional Jacksonville is not the same ratio as the rest of the nation, excluding Albany NY, Sacramento and a few other notiable cities... What could be in common?

I give up. What could be?

[Robert DeLong]

Yep, he’s a smart accountant. Got his payday in the end. 🙂

[Macoozie]

Stole millions.
Bonds out the same day.

Well that seems fair?

What the heck, “life in prison” ain’t much of deterrent when your 80.

Those who know, go for hookers and blow-