A Nevada company has sued its CFO, John Franklin Howard, for stealing company money that it says Howard used to pay a man to murder his wife, according to Courthouse News. Howard's wife, Nancy Howard, was shot in the eye at their home in Carrolton, Texas, on Aug. 18, but survived the shooting. Her husband was arrested on Aug. 24 and charged with paying $85,000 to have his wife killed.
The lawsuit filed by Raley Holdings against Howard and JPMorgan Chase alleges that Howard wired millions of dollars out of Raley Holdings accounts and into JPMorgan accounts in his name.
See the full story here. For more coverage, see Carrollton Man Arranged for Wife to Be Shot.
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
