Thursday, March 25, 2010
Joseph Van Gronigen: Indicted for Embezzling From Maker of Zhu Zhu Pets
By Chad Garrison
on Thu, Mar 25, 2010 at 4:15 PM
No, according to the U.S. Attorney's Office, a rat has been embezzling money from the maker of the incredibly popular Zhu Zhu Pets for years. And today a grand jury handed down an indictment accusing Cepia's comptroller, Joseph B. Van Gronigen
, of embezzling in excess of $400,000 from the company from between September 2007 and January 2010.
Cepia brought the matter to the FBI for investigation. Van Gronigen, 41, of Hillsboro
is charged with two felony counts of mail fraud and is
expected to appear in federal court later this week
If convicted, each count of mail fraud
carries a maximum penalty of 20 years in prison and/or fines up to
Evidently there's another rodent at play at St. Louis-based Cepia LLC, and it ain't a motorized hamster.