TV News LIES

The vice president of Glock Inc. confessed nine years ago to the company's founder that he and another top lieutenant had been stealing millions from the gun maker, later telling investigators there was so much cash flying around that it seemed like "Monopoly money."

The executive, Peter Manown, was sentenced to 10 years probation after pleading guilty to theft and is now set to be the government's star witness against the man he says was his accomplice, one-time Glock attorney Paul Jannuzzo.

Jannuzzo is set to go to trial Tuesday on theft and racketeering charges.

Jannuzzo's trial threatens to expose new details about the dirty underbelly of the privately-held international firearms manufacturer, which bases its U.S. headquarters in the quiet west Atlanta suburb of Smyrna. In a 2007 interview with investigators, Manown details internal tension among executives and claimed he was able to exploit loose financial practices at the gunmaker, which makes millions selling firearms to law enforcement agencies across the globe.

Jannuzzo has pleaded not guilty. His attorney Robert Citronberg didn't return calls seeking comment.

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