wire fraud

Sep 11, 2025

Ex-Mars executive pleads guilty to $28M fraud scheme

BRIDGEPORT, Conn. (AP) — A former executive for a subsidiary of candymaker Mars Inc. pleaded guilty Thursday to fraud and tax charges in connection with his theft of $28 million from the company, federal prosecutors said. Paul Steed, 58, appeared in federal court in Bridgeport, Connecticut. He also agreed to pay $28.4 million in restitution to Mars […]

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Ex-Mars executive pleads guilty to $28M fraud scheme

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