Scripps heir gets 9 years for swindling mom, uncle

Print
Email
|

Associated Press

Posted on July 15, 2013 at 2:04 PM

Updated Monday, Jul 15 at 4:02 PM

PHILADELPHIA (AP) — A media company heir raised in what he calls a dysfunctional family was sentenced to nine years in prison for stealing millions of dollars from his mother and disabled uncle.

Prosecutors say Michael Scripps persuaded his mother to let a friend in suburban Philadelphia manage $9 million of family money.

Scripps then stole $3.6 million, with about $300,000 going to the friend, former Merill Lynch stock broker Richard "Duke" Gleeson of Bryn Mawr. Gleeson was sentenced Monday to one year in prison.

Defense lawyer Michael Dezsi (DEH'-zhee) says Scripps had the authority to use the money and will appeal his conviction and sentence.

Michael Scripps is a descendant of James E. Scripps, the founder of The Detroit News.

Print
Email
|