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Kirkwood man gets four years in prison for embezzling $3.8 million from company to pay for ‘lavish lifestyle’

Bryan G. Vonderahe, 45, the former chief financial officer for The Boyd Group schemed to defraud the company by issuing approximately 500 company checks to himself
Credit: KSDK

ST. LOUIS — A Kirkwood man will spend the next four years in federal prison following his conviction on wire fraud charges.

during that time – which totaled about $3.8 million.

Vonderahe used the stolen and embezzled funds for his own personal use, unrelated to the legitimate business of the company, including to pay for a lavish lifestyle; to pay for travel for himself and his family to locations such as Florida, Colorado, and Nevada; to make payments on his personal residential mortgage, and to pay for gambling and related activities.

Vonderahe was also ordered to pay $3.8 million in restitution to his former employer following his conviction for wire fraud. 

ST. LOUIS - A 45-year-old man was charged earlier this month in a federal indictment for three counts of wire fraud. Bryan Vonderahe appeared in court Monday morning. According to the indictment, during January 2012 through January of this year, he schemed to defraud a local company where he was employed as chief financial officer and controlled.

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