Exec surrenders – ACS official arrested at airport

An American Cancer Society official who disappeared after allegedly embezzling $6.9 million from the charity surrendered to officials after flying from Zurich,Switzerland to Ohio, the Associated Press reported on June 11.

Dan Wiant, who managed computer and financial operations in the organization’s Ohio division, is charged with bank fraud. He could be sentenced to 30 years in prison and $1 million in fines.

Mr. Wiant is scheduled to appear before a federal judge on Monday.

Wiant allegedly sent the money to an account in Austria and then informed his wife he was never coming back, an FBI complaint states.According to the complaint, Wiant’s wife found a letter from her husband telling her he had paid off all their debts with the stolen money. The letter allegedly told her how to find him, AP reports.

Wiant instructed the bank to send the funds to a beneficiary to be distributed as research grants.   The money was sent May 30.

Six days later, investigators learned Wiant was not authorized to make wire transfers and the beneficiary was fabricated.

The missing funds – which FBI agents say they have not found – comes from money raised by 97,000 Ohio volunteers through charitable events.

The American Cancer Society is fully insured to cover losses, said Harvey Schwartz, vice president of marketing and development in Ohio.

For full text of the article, go to the Associated Press.

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