Georgian pleads guilty to embezzling $1.2 million

James Jeffrey Hosea, 56, of Kingsland, Ga., pleaded guilty in connection with a long-term embezzlement scheme against his employer. Over the course of nearly seven years, Hosea created a fake vendor, falsified invoices from that fake vendor, and then submitted those phony invoices to his employer, Madison, Wis.-based TDS Telecommunications Corp., for electronic payment to a PayPal account. Once his employer paid the invoices, Hosea would then transfer the money from the PayPal account to his personal…