Former Koss exec gets 11 years for embezzlement

Former Koss exec gets 11 years for embezzlement: "A former Koss Corp. executive who pleaded guilty to embezzling $34 million from the Milwaukee headphones maker was sentenced Wednesday to 11 years in federal prison.
Sujata 'Sue' Sachdeva, the company's former vice president of finance, had pleaded guilty to using company funds to pay her personal bills for clothes, jewelry and other lavish items. The six felony fraud counts carried a maximum penalty of 120 years, although federal guidelines called for a sentence near the range of 16 to 20 years.
U.S. District Judge Lynn Adelman said he granted Sachdeva a degree of leniency because she cooperated with investigators from the very day FBI agents came to her home in 2009. Her 'acceptance of responsibility and the genuineness of her remorse' were compelling factors, Adelman said."