Westford Man Accused Of Embezzlement, Fraud

WESTFORD, MA — The co-founder and one-time CEO of a Boston-based mobile phone music streaming service is accused of embezzling hundreds of thousands of dollars from his company. David Fondots, 56, of Westford, is facing a federal charge of wire fraud, according to the U.S. Attorney's office.

Federal authorities say Fondots misappropriated company funds to use for his personal benefit. From 2014-2016, Fondots caused his company to pay significant sums of money to himself, a family member or companies controlled by a family member, according to the USAO.

Authorities say Fondots used the money to pay personal expenses for himself and his family, including car payments, legal fees and travel. He faces a sentence of up to 20 years if convicted.