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Accounting manager charged with embezzling more than $750,000

From The Post and Courier, “An accounting manager accused of embezzling from her Charleston employer was in court asking for a public defender Thursday, after federal prosecutors accused her of depositing more than $750,000 in two unauthorized bank accounts.

Haynes worked for the company as an accountant and human resources manager. She was “a longtime employee who enjoyed significant autonomy” in collecting money and paying bills, including the payroll, according to an indictment filed earlier this month.

Payments for ancillary services outside of regular management weren’t recorded until the money was deposited, so Haynes was able to divert those checks into the unauthorized bank accounts she opened in the company’s name without attracting notice, according to the indictment. Then, she used Community Management Group’s signature stamp to write checks to herself from the two secret accounts, according to prosecutors.”

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Former employee of Portsmouth Housing Authority is charged with embezzlement

From The Virginian Pilot, “A former housing authority employee was indicted Thursday on four counts of embezzlement a month after The Virginian-Pilot reported that the case had stalled.

Kimberly Ward, who had been convicted of embezzlement at Children’s Hospital of The King’s Daughters more than a decade ago, was hired last year as federal investigators were looking into weak accounting practices at the Portsmouth Redevelopment and Housing Authority.

Months later, the authority reported $8,000 in fraudulent charges to police and fired Ward. As the executive director’s assistant, she was one of nine people with an agency credit card, according to records assembled for the U.S. Department of Housing and Urban Development in October.”

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Former bank employee faces embezzlement charges

From WDBJ7, “A former employee at a BB&T bank branch in Pearisburg is facing embezzlement charges.

The documents indicate she worked for BB&T and accuse her of embezzling almost $16,900 from the accounts of two separate relatives.

Senior Special Agent Gregory Allen Watson stated in his Criminal Complaint that investigators believe Holt transferred funds between October 31, 2016 and December 31, 2016.

In Watson’s statement of probable cause, he says that one relative of Holt’s came to the BB&T back indicating that she had not received a statement in over a year. Another relative also indicated that she was not receiving statements, Watson wrote.

In court documents investigators say Holt admitted to transferring $16,850 from a relative’s account and making cash withdrawals in the amount of $6,373.58 from an account of another relative.”

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Former school secretary charged with embezzling $10k from uniforms, fundraisers

From Oklahoma’s News 4, “A former secretary at a charter school is facing criminal charges, accused of pocketing nearly $10,000 instead of depositing it.

Viridiana Meza, 29, is charged with two counts of embezzlement and one count of falsifying corporate documents. She worked as an elementary school secretary in the Santa Fe South Schools Inc. charter district, according to an affidavit.

Meza, court documents show, began working at The Hills Elementary School in July 2016. The following month, according to an affidavit, she began making out deposit slips without depositing the money.

“She was entrusted to go to the bank and deposit some money the elementary school had,” said Oklahoma City Police Officer Megan Morgan. “I don’t know exactly where the money was going but it clearly was not going into the bank account that belonged to the school.”

Jones said a lack of checks and balances often enables people to get away with embezzlement over periods of months or even years.

“It adds up real quick,” he said. “It’s important that when you catch these people you do prosecute them because if not, then they move on to the next job and they do the same thing.””

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Former I.M.F. Leader Sentenced for Embezzlement

From New York Times, “Rodrigo Rato, a former managing director of the International Monetary Fund, was convicted on Thursday on charges of misusing the funds of a Spanish bank that he led to near-collapse. He was sentenced to four and a half years in jail.

He was sentenced alongside 64 other Bankia directors and executives, who were accused of making unlawful credit card purchases that totaled 12.5 million euros, or $13.2 million, over a decade.

The conviction represents a drastic shift in his reputation. Once thought to be a potential Spanish prime minister, Mr. Rato had been finance minister in the conservative government of José María Aznar. In 2004, he left for Washington to take the helm of the I.M.F., winning the job because of his reputation for having presided over the early stages of Spain’s construction-led economic boom.

The following year, Mr. Rato and others were ordered to stand trial for misusing their credit card privileges from 2003 to 2012. They also stood accused of providing unauthorized company credit cards to dozens of board members and friends.

The cards were used for personal purchases that included clothing, restaurants and travel, as well as cash withdrawals. Some were also used to pay for golf, seats at the bullring and private parties.

At the time, the prosecution said Mr. Rato made illegal purchases of €54,800 while he led Bankia, while Mr. Blesa spent €436,700 with his corporate cards. Both eventually reimbursed the amounts.”

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State Inspector General’s Office says probe into UB embezzlement continues

From UBFO, “The New York State Inspector General’s Office says it is continuing its investigation into the embezzlement of funds from the University at Buffalo by two former employees, including a longtime vice president.

Black, an employee at UB for nearly four decades, admitted in State Supreme Court Thursday to stealing more than $330,000 dollars over a nine-year period and using them for various personal activities. Constantino admitted to stealing approximately $14,000 in state funds while working as UB’s Director of Campus Living.

During a Thursday news conference, Erie County District Attorney John Flynn explained how Black was able to tap into state funds. He was able to do so by diverting funds from the Faculty Student Association, a not-for-profit corporation that operates UB’s food service and book stores and also oversees various student club accounts.

Flynn explained that FSA makes payments to UB’s general account. But Black, in his role, was able to yield control over the FSA and divert funds into a separate account he also controlled and existed outside of the university’s auditing system.”

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Former Benton Harbor schools chief convicted of embezzlement

From Michigan Radio, “The former superintendent of the Benton Harbor Area Schools has been convicted of embezzlement charges stemming from payouts he received for unused vacation days.

He was accused of embezzling more than $40,000 from the district by taking payouts for unused vacation days.

Seawood has maintained that he received authorization for the payouts. The Benton Harbor man was fired from the district last year following a lengthy suspension and investigation by Michigan State Police.

He faces up to 15 years in prison when he’s sentenced on Jan. 29.”

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Cindy Mills embezzled $13 million from the North Shore’s Matthews Intl. and wasn’t caught for 16 years

From Pittsburgh Post-Gazette, “Ms. Mills had a seemingly endless supply of fur coats, diamond jewelry and handbags, always Louis Vuitton. Mr. Mills liked to hunt, and the couple accumulated decor that reflected his interest — stuffed big-game wall mounts, bear skins with heads still intact and a chandelier made of deer antlers, among numerous other items.

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.”

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Fontana company ex-employee pleads guilty to $1.53M embezzlement scheme

From The Sun, “A Riverside County woman accused of embezzling almost $1.53 million from her Fontana employer to pay personal bills over a 10-year period pleaded guilty Thursday, Sept. 21, in U.S. District Court — to one count of mail fraud in connection with one transaction, according to a U.S. Attorney’s Office news release.

Jacquelin Dyer, 67, was the controller and co-general manager of Pacific Forge Inc. in Fontana, and used corporate funds to pay a mortgage on a Jurupa Valley residence, personal tax payments, vehicle repair bills and more than $1.1 million in American Express bills, according to the news release.

She is scheduled to be sentenced Jan. 18 in Los Angeles. She faces up to 20 years in federal prison. As part of a plea agreement, she is required to pay full restitution to the victim.

Dyer printed and signed checks purportedly to pay vendors, writing the vendor names in the company ledger, but “in reality, these checks were not intended for any vendor,” authorities said. Instead, she mailed the checks made out to pay her personal bills, according to court records.

She was “responsible for day-to-day activities related to all aspects of accounting” at the business and was authorized to sign corporate checks for amounts up to $5,000, according to court documents. Amounts above $5,000 required two signatures.

If the forged checks were all under $5,000, that would equate to more than 300 of them — or an average of about 2 1/2 per month — to embezzle $1.53 million over 10 years.”

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$6 million embezzlement leads to four-year sentence for Newark VP

From Delaware Online, “A Newark woman pleaded guilty to embezzling $6.1 million over a period of five years.

Roberta Czap, 67, made nearly 500 fraudulent transactions while employed at a Newark financial services company officials said. Czap labeled these withdrawals as corporate health insurance deposits or payments to corporate marketers.

Czap, vice president of accounting for the company, converted the electronic transfers to cash using ATM withdrawals or cash advances at casinos, said the state Department of Justice. She also failed to report this income on her tax returns from 2013 to 2015.

Acting U.S. state Attorney David Weiss said Czap’s actions at the cost of others cannot be overlooked; the case should serve as a warning to others contemplating similar crimes. “

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