A Hutchinson man has been indicted by a federal grand jury on charges of wire fraud, authorities said Wednesday.
Richard H. Yust, 64, is accused of embezzling more than $175,000 while overseeing the financial operations of F&H Insulation Sales & Service in Kechi, U.S. Attorney Tom Beall said in a prepared statement.
The indictment alleges he used company credit cards to make unauthorized purchases and that he also made unauthorized payments to his wife and son.
If Yust is convicted, he faces as much as 20 years in federal prison and a fine of up to $250,000 on each count.
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