Century Design executive guilty of embezzling

By Roger Renstrom
Correspondent

Published: September 21, 2012 6:00 am ET

Related to this story

Topics Public Policy

SAN DIEGO (Sept. 21, 2:40 p.m. ET) — Jillian Hanson-Cox embezzled about $3.5 million from Century Design Inc. from April 2004 to October 2008 and failed to report the income on her tax returns, officials said.

Appearing before a federal magistrate judge, she pleaded guilty to felony charges of mail fraud and filing a false income tax return stemming from her employment as controller at the maker of equipment for processing polymer matrix composite. The judge accepted the plea at a Sept. 14 hearing in San Diego.

In addition to her CDI work, Hanson-Cox was elected in 2004 as a member of the part-time city council of El Cajon, Calif. She resigned from the council in March 2012 after agents for the Federal Bureau of Investigation and the Internal Revenue Service executed search warrants at her home and office.

“While embezzling millions of dollars from CDI, former Councilwoman Hanson-Cox not only traded on her reputation as a public official but also betrayed every citizen who expected her to act honestly in both her private and public affairs,” Laura Duffy, U.S. attorney for the southern district of California, said in a statement.

Hanson-Cox wrote unauthorized checks from CDI’s business account to pay for personal expenses and for services and items related to her community activities, according to court records.

Her false entries in CDI’s records reflected a different payee rather than the actual payee on the check.

Hanson-Cox is scheduled to be sentenced Dec. 3. Maximum penal­ties include prison time, fines, restitution and assessments.

CDI President-Owner Keith McConnell and former CDI owner Robert Basso, a still-active composites technology innovator, attended the hearing for Hanson-Cox in a federal courtroom.

Founded in 1957, CDI designs and manufactures machines to pre-impregnate fibers and advanced materials. Products include resin filmers, rewinders, slitters, fiber placement devices, sheeters and shears and creels.


Comments

Century Design executive guilty of embezzling

By Roger Renstrom
Correspondent

Published: September 21, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Clear Lam settles Doritos lawsuit

March 3, 2015 4:06 pm ET

Clear Lam Packaging Inc. has settled a months-old lawsuit against Frito-Lay Inc. alleging “breach of contract, false advertising, and...    More

Image

Toyota says Mirai fuel cell sedan represents a 'new start' for the carmaker

March 2, 2015 11:55 am ET

Toyota Motor Corp.'s most advanced vehicle, a car that runs on hydrogen and emits only water, has had an ironically low-tech birth and has an equally ...    More

Image

SPE CEO points to 'open-source' trends as sign of need to share information

March 2, 2015 11:44 am ET

Willem De Vos, the CEO of the Society of Plastics Engineers, took a Plastics News Executive Forum audience on a wild ride into the future.    More

Image

Ukrainian crises eats into plans for building materials firm Masterplast

March 2, 2015 10:03 am ET

Hungarian building materials manufacturer Masterplast Nyrt. saw its earnings fall in 2014 after the worsening Ukraine crisis forced it to write off...    More

Image

Recycling trade group growing in size, resources

February 27, 2015 4:50 pm ET

DALLAS — The executive director of the Association of Postconsumer Plastic Recyclers is partial to calling his group the little engine that coul...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events