Ex-Weber Shandwick CFO imprisoned 4-plus years for embezzlement

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The former chief financial officer and chief operating officer of public relations firm Weber Shandwick was sentenced to more than four years in prison and ordered to pay more than $26 million for a nearly decade-long embezzling scheme.

Frank Okunak pleaded guilty July 27 in U.S. District Court for the Southern District of New York to one count of wire fraud and one count of falsification of the books and records of a public corporation related to his embezzlement of $16 million from the firm. The Department of Justice (DOJ) announced his sentencing Tuesday.

The DOJ did not name the firm where Okunak worked but multiple media reports identified it as Weber Shandwick, a subsidiary of Interpublic Group.

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