District Attorney Thomas Spota said Om Soni of Sonix Medical Resources diverted $278,000 from the company’s 401(k), with part of the money going to buy a Bentley and a Mercedes-Benz, the Associated Press reports. Soni already owned another Bentley, another Mercedes and a Lamborghini.
Sonix Medical Resources went bankrupt in 2010.
Soni pled not guilty. His lawyer said Soni used his own money to prop up the company and that the cars had nothing to do with any missing funds, according to the news report.