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Pearl Jam's Former CFO Arrested For Stealing $380K From Band

Pearl Jam's Former CFO Arrested For Stealing $380K From Band

Apparently, not even legendary rock bands are safe from trusted employees bilking them out of money. A former Pearl Jam executive has been charged with 33 counts of theft following allegations that he bilked the rock icons out of $380,000 from 2006 until September 2010 when he was fired. According to Seattle police, Rickey Charles Goodrich was the CFO of the rockers’ management company, Curtis Inc., and after an audit, the damages were estimated to be in the range of $566,000.

Prosecutors allege Goodrich transferred money from company accounts to pay personal debts and funded various non-band activity, including family vacations, meals wine and in a sick sense of irony, Amazon and iTunes purchases. Goodrich has been charged with 25 counts of first-degree theft and eight counts of second-degree theft.

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