A former Clovis accountant is heading to prison for stealing over $800,000 from a bank.

The big picture: Acting U.S. Attorney Michele Beckwith announced that Kenneth Gould, 69, was sentenced to one year in prison for the theft.

Driving the news: Gould was a CPA and operated a payroll services company in Clovis. • From October 2017 through March 2018, Gould initiated several fraudulent electronic payments from one of his clients’ accounts to his payroll company’s account at the bank. • THe bank credited significant portions of the funds to Gould’s account will the payments were pending. • Gould then withdrew those funds in cashier’s checks. • The bank realized that there were insufficient funds to cover the payments and attempted to recover its money, but it was too late. • Goul

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