Marc Anthony's Accountant Facing Six Years In Prison Over $9M Theft
Always remember to check your credit card's transaction history.
Kyle Tessiero, a longtime accountant for Latin artist Mark Anthony, was sentenced to up to six years Wednesday after he came clean about stealing a tidy sum from the singer - $9 million - over the course of eight years. Tessiero used the money to fund an elaborate lifestyle of fine cuisine and strip clubs, while also using his boss' dime to fund various travel expenditures.
The bills were wrung up on Anthony's American Express card and later paid off by way of his bank account. Given the severity of the theft, Judge Laurie Peterson of the Manhattan Criminal Court had the option of adding an extra three years to Tessiero's sentence but opted for leniency.
Marc Agnifio, Tessiero's lawyer for the trial, explained that the defendant had gone to authorities before his guilt had been discovered, which lent the court to their decision. The whole incident's unraveling came after American Express made an inquiry about one of the charges.
The accountant's firm in Los Angeles once worked for such high-profile artists as Drake and Pharrell, before Tessiero was hit with the charge of grand larceny.