Insider who stole from Lake Michigan ferry pleads guilty

Michigan
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LUDINGTON, Mich. (AP) – A man who handled finances at a Lake Michigan ferry company has pleaded guilty to fraud in a scheme to steal money from the business.

Paul Piper of Ludington also pleaded guilty to a tax crime and agreed to pay $364,000 to the Internal Revenue Service.

Piper was the controller at Lake Michigan Carferry, which operates the S.S. Badger between Ludington and Manitowoc, Wisconsin.

He also had a local accounting business and a coffee shop.

Piper admits he wrote checks to himself or his related businesses, stealing at least $550,000 between 2007 and May 2018.

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