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Former Manager Sentenced for $1M Embezzlement | St. Louis News

Former Manager Sentenced for $1M Embezzlement | St. Louis News

Published 3 weeks, 5 days ago
Description

A former manager at Sam’s Steakhouse, Matthew Braasch, just got 21 months in prison for embezzling over $1 million over five years—using wire fraud to fund Target trips, Amazon buys, and even hotel stays for friends. His theft hit during the pandemic, crippling the restaurant’s finances, and he faked ownership to cover his tracks. The FBI says his greed nearly destroyed the business and shattered trust, underscoring the need for strong financial controls. Meanwhile, another employee, Mark Erney, is on hold in a federal diversion program with a June 2027 update due. A betrayal of trust with real consequences for the team and the business.

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