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Medical tech executive pleads guilty in embezzlement case

Aug 05, 2019 - Associated Press Financial Wire

RALEIGH, N.C. (AP) - A former medical technology executive accused of stealing more than $5 million from his firm has been sentenced to up to 16 years in prison.

Forty-four-year-old Hugh Johnson II was sentenced Monday after pleading guilty to eight counts of obtaining property by false pretenses.

The plea came on the same day Johnson's trial was to start. Prosecutors dropped several counts of embezzlement in return for the guilty pleas.

Johnson was suspected of stealing more t...