Ex-Dothan Hardware Executive Pleads Guilty to Stealing Pension Assets

MONTGOMERY, Ala. --  A former Dothan executive pleaded guilty to stealing employee benefit plan assets. The U.S. Labor Department's Atlanta regional office issued a statement on Dec. 11, 2006 which said Mark Hartzog admitted pocketing more than $524,000.

"This case sends a clear message that those who steal plan assets will be prosecuted to the fullest extent of the law," says acting assistant secretary of the Labor Department's Employee Benefits Security Administration Bradford P. Campbell.

Hartzog, a former vice president of H-and-H Doors and Hardware, recently entered the plea deal in Montgomery federal court. He was indicted in September 2005 on 18 counts of embezzlement and pleaded guilty to two counts of diverting money from the company's profit sharing plan between October 18, 2000 and September 10, 2001 for his own personal use.

Hartzog will be sentenced March 14th, 2007.

Associated Press contributed to this report.