A man accused of stealing more than $800,000 from a Carmi business has been indicted by a federal grand jury.
60 year old Kent W. Cutchin has been charged with one count of making forged securities and four counts of money laundering. Cutchin made his first court appearance on Monday in Evansville.
Between December 2011 and February 2015, Cutchin is alleged to have forged more than 500 checks while employed as the office manager at R Energy. In all, Cutchin took $837, 251 which he spent on home improvements and an all-terrain utility vehicle.
The case was investigated by the FBI and IRS Criminal Investigation division. If convicted, Cutchin could face up to 10 years in prison on each count of the indictment.