Ex-Azar exec accused of embezzling
news-sentinel.com | $331,258 | supsect: David L. Mozer | victim: Azar Inc.
David L. Moser, 49, of Huntertown, is accused of cooking the books of a hotel and restaurant management company.
Between 2001 and this year, Moser is accused of embezzling $331,258 from Azar Inc., for whom he worked as a controller, according to Moser's arrest affidavit written by Detective Scott R. Morales of the Fort Wayne Police Department. Yogesh S. Paraikh, Azar's CEO, became suspicious Aug. 6 when he received a check from a restaurant in Decatur that the company manages.
Paraikh - who didn't return a call for comment Monday - told Morales the check had a stamped signature and was written by Moser. Company policy allows for stamped signatures only on payroll checks, and checks are usually signed by Paraikh and owner George Azar.
Morales wrote that Paraikh noticed further discrepancies in several checks and confronted Moser, who admitted to stealing $175,000, and got a signed a confession.
“(Moser) was immediately terminated,” Morales wrote. “Mr. Paraikh advised that further investigation determined that he had taken nearly twice as much as he confessed to.”
Morales wrote that $103,441 of the $331,258 was paid to Moser's credit card accounts. Moser faces preliminary charges of theft and six counts of forgery. Moser, who couldn't be reached for comment Monday, has not yet been arrested.
Paraikh - who didn't return a call for comment Monday - told Morales the check had a stamped signature and was written by Moser. Company policy allows for stamped signatures only on payroll checks, and checks are usually signed by Paraikh and owner George Azar.
Morales wrote that Paraikh noticed further discrepancies in several checks and confronted Moser, who admitted to stealing $175,000, and got a signed a confession.
“(Moser) was immediately terminated,” Morales wrote. “Mr. Paraikh advised that further investigation determined that he had taken nearly twice as much as he confessed to.”
Morales wrote that $103,441 of the $331,258 was paid to Moser's credit card accounts. Moser faces preliminary charges of theft and six counts of forgery. Moser, who couldn't be reached for comment Monday, has not yet been arrested.