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Former Worley & Obetz CEO/Controller Charged In Scam

/ WDAC

LANCASTER – The former CEO and controller of a Lancaster County energy business are charged with years-long misuses of company funds covering the CEO’s personal credit debt. Police charged 57-year-old Jeffrey Lyons, former CEO of Worley & Obetz, and 64-year-old Karen Connelly, longtime controller for the company until her retirement in 2016. Police determined Worley & Obetz funds covered over $1 million in Lyons’ credit card debt, with Connelly authorizing most of the payments. The payments covered: trips and plane fare, online shopping purchases, gym memberships, home projects, spa services, dining costs, and other costs. Owners Seth and Robert Obetz said there was no arrangement made to have company funds pay for Lyons’ credit debt. Lyons was arrested and charged with six felonies: five variations of theft and dealing in proceeds of unlawful activities. Connelly was arrested and charged with dealing in proceeds of unlawful activities and conspiracy to commit theft. The investigation is ongoing and involves other agencies.

KAREN CONNELLY

JEFFREY LYONS

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