Former S.S. Badger financial controller pleads guilty to defrauding company
A Michigan man who handled finances for the Lake Michigan Carferry pleaded guilty to tax fraud.
Prosecutors say Paul Piper admitted stealing more than $550,000 from the company that operates the
between Manitowoc and Ludington, Mich., while he was the company's financial controller.
Prosecutors say he for more than a decade he wrote checks to himself or to businesses he owned in Ludington: Piper Tax & Accounting and Piper Group.
Under a plea deal, Piper agreed to pay $363,926 to the IRS. The Associated Press reports he also surrendered an RV and a Dodge Ram truck.
He'll be sentenced on August 11 in federal court in Grand Rapids, Mich.