By Associated Press - Thursday, November 20, 2014

SAN ANTONIO (AP) - A man has pleaded guilty to stealing $400,000 from a San Antonio company and spending the majority of it at strip clubs.

The San Antonio Express-News reports ( ) 52-year-old Todd Seward admitted Tuesday to charges of bank fraud and aggravated identity theft.

Authorities say he stole the money from his employer, Gratr Landscapes Ltd. The FBI says he used about $60,000 on a truck for himself and spent the rest at strip clubs.

Federal agents arrested Seward in San Antonio before he could board a one-way flight to Florida.

Seward faces up to 30 years in prison on the fraud charge and a mandatory two-year term for identity theft.


Information from: San Antonio Express-News,

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