Stanley Krejci, former president and COO of executive search firm the Interface Group, was sentenced today in U.S. District Court in Washington to one year in prison for raiding the firm's profit-sharing and money purchase plans, according to a news release issued by the Justice Department. Charges were brought against Mr. Krejci by the Employee Benefits Security Administration. Mr. Krejci pleaded guilty on Sept. 28 to charges of embezzling the entire profit-sharing and money purchase plans, which totaled more than $100,000, to fund operating expenses between 1996 and 2000.
Mr. Krejci has since returned the money, said Tom Zeno, a prosecutor in the Justice Department.
Justice Department spokesman Channing Phillips said Mr. Krejci will be on probation for one year after his release from prison and has been ordered to pay for his incarceration and legal fees of Interface employees who retained counsel after they discovered the money was missing.