PRESCOTT, Ariz. — An Arizona man pleaded guilty to embezzling more than $250,000 over a 10-year span from the oldest planned community in the state.

The Daily Courier reports ( ) former president of the Liberty Management Group Joshua Lethbridge pleaded guilty Tuesday to one count each of fraudulent schemes and artifices, theft, and forgery.

Along with $260,000 restitution to be paid to The Mountain Club in Prescott, Arizona, Lethbridge will serve between two and nearly nine years in prison, with credit for time served.

Lethbridge is scheduled to be sentenced Aug. 8.

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