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NYC exec stole $6M, used dough to buy $150K engagement ring and 150 plane tickets: prosecutors

NYC
New York Post Fews App News Provider
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A Manhattan marketing exec swiped nearly $6 million from firms he worked for — splashing some of the dough on a $150,000 engagement ring and 150 plane tickets for jaunts, authorities said Monday. Michael Collins, the 61-year-old chief marketing officer for the digital banking platform nCino, created bogus companies filled with fake employees and led by phony presidents to pull off his scheme, prosecutors said. He pleaded not guilty Monday as he was indicted on grand-larceny and falsifying-business-records charges in Manhattan Supreme Court for the eight-year set-up, where he allegedly stole millions of dollars from his employers to fuel a lavish personal life.

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