Date of search: Thursday 27th of September 2007 08:21:08 PM
Date Published: 04/26/2006
Book publisher employee sentenced in embezzlement case
Author: MATTHEW LANE

DETROIT, Mich - A former Palladium Books employee charged with stealing thousands of dollars worth of artwork, transparencies and books from the company was sentenced to probation last week.

Steve Sheiring, the former sales manager at Palladium Books, was sentenced to one year non-reporting probation on April 20 in the 3rd District Court in Detroit. According to prosecutors, Sheiring paid $47,080 in restitution to Palladium Books.

Sheiring pleaded guilty on April 14 to a misdemeanor charge of embezzlement under $200. Sheiring was initially charged with embezzlement over $20,000, a felony.

"It was pled down to a misdemeanor, agreed to by the complainant, and there was restitution that was paid," said Maria Miller, assistant district attorney in the Wayne County (Mich.) Prosecutor's Office.

Palladium Books, headquartered in Taylor, Mich, has published dozens of role-playing books over the years, including such popular lines as Rifts, Robotech and Teenage Mutant Ninja Turtles & Other Strangeness. The company is celebrating its 25th anniversary this year.

Kevin Siembieda, president of Palladium Books, announced in December 2005 numerous items had been stolen from him and the company. Some of the items stolen included original artwork, animation cels, transparencies for more than 50 different titles, collectors edition books, and various Star Wars collectibles.

"(Sheiring) took books, undercharged for certain services, gave away free books; he stole copyright information, rare Star Wars figurines, and equipment," Miller said. "A number of items."

On April 19, Siembieda issued a press release asking the gaming community for help in keeping Palladium Books in business and estimated the embezzlement caused $850,000 to $1.3 million in damages to Palladium Books.

Prosecutors cannot confirm the value of the items stolen.

"We usually don't do it that way," Miller said. "If he's trading goods and services and intangibles and things that have an auction value, then we just estimate when it's not pure money."

Miller said the thefts took place from 2002 through 2004 and were discovered after Palladium Books did an accounting of its inventory and discovered items were missing. Sheiring left Palladium Books in February 2005.

Miller said no items were recovered from Sheiring and that prosecutors do not know how or why Sheiring took the items.

Sheiring faced a maximum sentence of one year in prison and/or a $2,000 fine on the misdemeanor charge in which he plead to. On the initial felony charge, the maximum sentence could have been 10 years in prison and/or a $15,000 fine or three times the amount embezzled, Miller said.

For more information on Palladium Books visit www.palladiumbooks.com.

DETROIT, Mich - A former Palladium Books employee charged with stealing thousands of dollars worth of artwork, transparencies and books from the company was sentenced to probation last week.

Steve Sheiring, the former sales manager at Palladium Books, was sentenced to one year non-reporting probation on April 20 in the 3rd District Court in Detroit. According to prosecutors, Sheiring paid $47,080 in restitution to Palladium Books.

Sheiring pleaded guilty on April 14 to a misdemeanor charge of embezzlement under $200. Sheiring was initially charged with embezzlement over $20,000, a felony.

"It was pled down to a misdemeanor, agreed to by the complainant, and there was restitution that was paid," said Maria Miller, assistant district attorney in the Wayne County (Mich.) Prosecutor's Office.

Palladium Books, headquartered in Taylor, Mich, has published dozens of role-playing books over the years, including such popular lines as Rifts, Robotech and Teenage Mutant Ninja Turtles & Other Strangeness. The company is celebrating its 25th anniversary this year.

Kevin Siembieda, president of Palladium Books, announced in December 2005 numerous items had been stolen from him and the company. Some of the items stolen included original artwork, animation cels, transparencies for more than 50 different titles, collectors edition books, and various Star Wars collectibles.

"(Sheiring) took books, undercharged for certain services, gave away free books; he stole copyright information, rare Star Wars figurines, and equipment," Miller said. "A number of items."

On April 19, Siembieda issued a press release asking the gaming community for help in keeping Palladium Books in business and estimated the embezzlement caused $850,000 to $1.3 million in damages to Palladium Books.

Prosecutors cannot confirm the value of the items stolen.

"We usually don't do it that way," Miller said. "If he's trading goods and services and intangibles and things that have an auction value, then we just estimate when it's not pure money."

Miller said the thefts took place from 2002 through 2004 and were discovered after Palladium Books did an accounting of its inventory and discovered items were missing. Sheiring left Palladium Books in February 2005.

Miller said no items were recovered from Sheiring and that prosecutors do not know how or why Sheiring took the items.

Sheiring faced a maximum sentence of one year in prison and/or a $2,000 fine on the misdemeanor charge in which he plead to. On the initial felony charge, the maximum sentence could have been 10 years in prison and/or a $15,000 fine or three times the amount embezzled, Miller said.

For more information on Palladium Books visit www.palladiumbooks.com.