Former Pearl Jam accountant pleads guilty to stealing money from band

By Daniel S Levine,

Rickey Goodrich, the former Chief Financial Officer for Pearl Jam and their management company, has pleaded guilty to charges of embezzlement. He is accused of stealing over $300,000 from the rock group.

Goodrich, 55, pleaded to six counts of embezzlement, the King County Prosecutor's Office said, reports KOMO in Seattle. He allegedly used the management company’s funds to pay off personal debts and used credit cards for private use from 2007 to 2010. The Seattle Police Department said Goodrich cost Pearl Jam over $500,000.

However, he already paid $125,000 back and will pay $181,000 in restitution. According to the Seattle Times, he agreed to pay it back by Feb. 21, when he is due back in court.

Goodrich started working for Pearl Jam Touring Co. in 2005 and became the CFO of Curtis Inc., which is owned by band manager Kelly Curtis, in 2006. The plea deal notes that he can no longer have contact with Curtis, Curtis’ wife and members of Pearl Jam.

If Goodrich doesn’t pay the money back, prosecutors will suggest a 14-month prison sentence in addition to paying the money back.

Pearl Jam recently released their latest album, Lightning Bolt.

image: Eddie Vedder of Pearl Jam - Jeffrey R. Staab/CBS

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