From Pittsburgh Post-Gazette, “Last fall, the neighborhood was surprised to learn that Ms. Mills, 56, had financed a life of luxury by siphoning $13 million from her employer, Matthews International, over a 16-year period. A federal forfeiture document catalogs more than 250 purchases the Mills made with the embezzled funds.
Ms. Mills pleaded guilty to embezzlement in March and U.S. District Court Judge Nora Barry Fischer will hand down her sentence on Friday. The government has suggested a prison term of 7½ years and restitution of $13 million.
For the first 14 years, she simply converted checks that had been written out to the company to cash and then pocketed the money. She altered the resulting bank statements to cover her tracks.
In 2013, Ms. Mills created a fake company, called Designs by Cindy, and initiated automatic wire transfers to it from Matthews’ bank account. She continued to falsify the company’s bank statements.”