A Gibsonia man who headed the now-defunct Wexford-based company ITPS, LLC (Information Technology Procurement Sourcing) is facing charges from the Allegheny County District Attorney’s office for embezzling over $200,000 from the company.
Eric V. Cunningham of Gibsonia is charged with three counts of theft by unlawful taking, receiving stolen property and forgery. The Allegheny County District Attorney’s office was made aware of accounting improprieties in 2018. According to the Butler Eagle, Cunningham spent the money on traveling and gentlemen’s club visits.
The company, which filed for bankruptcy this year, provided information technology services for businesses and school districts in Allegheny and Butler Counties, including the Mars School District.
The relationship between ITPS and the Mars School District came under scrutiny in 2018 when district solicitor Tom King was criticized for his relationship with a board member of the company. While many residents in the district questioned the company’s stability, ITPS officials dismissed those accusations, stating that the company was financially stable. It is unclear how much money was lost by the district as a result of the ITPS bankruptcy earlier this year.
No word on when Cunningham is due in court.