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Louisiana man gets 20 years for stealing $100k from employer

Tipton had worked for two months as an office manager who handled the finances for Houma-based Michael Hyde Construction.

HOUMA, La. — A 48-year-old Louisiana man has pleaded guilty to stealing more than $100,000 from his employer.

The Courier reports Robert Yanos Tipton, of Houma, was scheduled for trial this week but pleaded guilty Tuesday to theft over $25,000. State District Judge Johnny Walker sentenced him to 20 years behind bars.

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Following an investigation by the Terrebonne Parish Sheriff's Office, Tipton was arrested in 2017. Tipton had worked for two months as an office manager who handled the finances for Houma-based Michael Hyde Construction. In 2016, Tipton began depositing his payroll checks through a mobile banking application while cashing hard copies of the same checks at multiple check-cashing businesses.

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An audit also revealed Tipton forged the owner's signature on multiple company checks and paid his personal credit card bills using company funds.

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