Former Southborough CFO Charged in $1.3 Million Embezzlement Case

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SOUTHBOROUGH – A former executive in Southborough is facing multiple charges tied to an alleged embezzlement scheme.

Richard J. Collins Jr, the former CFO of Walker Development and Construction, was arraigned last week on nine counts connected to the alleged misappropriation of more than $1.3 million.

Prosecutors say the charges, which include theft and identity fraud, stem from claims that he used company funds for personal purposes. According to the Worcester Business Journal, Collins is also facing a civil lawsuit.