Ex-Clyde's comptroller sentenced for embezzling nearly $650k

|
Local,DC,Crime,Naomi Jagoda

A former Clyde's Restaurant Group official was sentenced Wednesday to two years in prison for embezzling nearly $650,000, officials said.

Nancy Preston, of Vienna, pleaded guilty to mail fraud in September in federal court in Washington. After she is released from prison, she will have to perform 100 hours of community service.

Preston, 55, was the corporate controller for Clyde's from 1992 to September 2011. In that role, she oversaw budget and accounting matters.

Prosecutors said that from 2001 to 2011, Preston embezzled almost $650,000 from Clyde's by diverting company money to pay her personal credit card, using corporate credit cards for personal expenses and using a vendor paid by Clyde's funds to obtain personal goods. To hide her theft, Preston asked a vendor to alter invoices, fabricated emails and altered credit card statements.

Clyde's Restaurant Group operates several Clyde's restaurants around the area, as well as the District's 1789 Restaurant, The Tombs, Old Ebbitt Grill and The Hamilton.

njagoda@washingtonexaminer.com

View article comments Leave a comment