Contact Us
Make My Homepage

Sears Manager Pleads Guilty To Fraud

Photo by Justin Sullivan / Getty Images

The former operator of a Sears Outlet Store in Middletown, Rhode Island has pleaded guilty in U.S. Federal Court to defrauding the company of more than $150,000.  Fifty-three year old Joseph Kilty of Wakefield, Rhode Island entered the plea Thursday in federal court in Providence.

Kilty told the court that between January, 2012 to June, 2013 he failed to deposit $154,000 into a Sears account, and instead diverted the money into personal bank accounts that he controlled.  Kilty also admitted to creating false documents to make it appear that the deposits into the Sears account had been made.

Kilty is scheduled to be sentenced on September, 18th.  He could have up to 20 years in federal prison, and fines totaling at least $250,000 dollars.

Best of WBSM

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://wbsm.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for 1420 Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive 1420 Club contests, events, coupons, presales, and much more delivered to you for FREE.