Friday, February 02, 2001
Embezzler's husband indicted on new charges
The Associated Press
LEXINGTON Joseph Tim Phillips, the husband of a former Kentucky State University employee who admitted embezzling $845,000 from the school, was indicted Thursday on federal charges related to the case.
Mr. Phillips was indicted on charges of obstruction of justice, money laundering and making a false statement to a government agency, according to U.S. Attorney Joseph Famularo.
Mr. Phillips, and his wife, Janice Law Phillips, were each sentenced to federal prison in August and ordered to pay back the money. Mr. Phillips was sentenced to 21 months for aiding and abetting the embezzlement.
Mrs. Phillips, who was a senior assistant to the university's comptroller, drew a 27-month sentence after she admitted siphoning money. The indictment alleges Mr. Phillips hid $60,000 from prosecutors, that he submitted false statements concerning his assets and that he laundered the cash.
He faces up to 20 years in prison and a maximum $250,000 fine on the latest charges.
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