recent employee embezzlement cases

TEGUCIGALPA, Honduras (AP) A judge sentenced former Honduran First Lady Rosa Elena Bonilla de Lobo to 14 years in prison Wednesday on corruption charges, the second time Bonilla had been sentenced. The company acknowledged the inflated figures, saw its stock delisted, reorganized its leadership team, and in December reached a $180 million settlement with the U.S. Securities and Exchange. Whitney, the ex-pastor of the Church of the Health Self, was sentenced to 14 years in federal prison and ordered to pay $22.66 million in restitution to victims after defrauding investors of $33 million by orchestrating a church-based investment scam. She accomplished the fraud by making manual retroactive adjustments to protected computer time and attendance systems to add overtime, reverse leave taken and reverse holiday leave. The Health Share of Oregon data breach disclosed sensitive data, including names, addresses, phone numbers, dates of birth, Social Security numbers and . Share sensitive information only on official, secure websites. The embezzlement scheme was reportedly discovered by a co-worker who filled in for Weart when she was on a leave of absence. He then transferred monies between accounts in an effort to cover up the thefts which spanned a five year period beginning in 2004. Eric Wayne Helgemo, 50, of Vista, California and Maria Lorena Vega Yarrish, 40, of Buena Park, California, CFO and Controller, respectively of Pacific Polymers Inc., were sentenced yesterday for their role in an embezzlement conspiracy that bilked the company out of more than $1.5 million. Here are the top 25 embezzlement examples and workplace thefts to watch out for: Forging Checks The employee writes company checks or makes electronic payments to himself. 17 The information came to light when CFO William Owens, working with the FBI . Restaurant Employee Guilty of $650,000 Embezzlement Sean Mueller, 42, scammed about 65 people which included the former Quarterback for the Denver Broncos John Elway, into an elaborate investment scam of about $71 Million Dollars. Written by our Employment law experts. She plead guilty in May to one count of felony theft. Linda Speaks Tribby, 42, of Lovettsville, Virginia, was sentenced to 7 years in prison for embezzling $14.1 million from clients of Wachovia Bank, where she had been employed a business relationship manager. She was sentenced to 12 years in prison and ordered to pay full restitution. (AP) A Maryland state legislator who recently lost his primary for reelection has been charged with felony theft and other charges related to the misuse of state funds, officials said Wednesday. Meanwhile, McNallys ex-boyfriend, Theodore C. Delikat, 31, of Brookhaven, Pennsylvania, pleaded guilty to similar charges for his role in the scheme. 4. Anti-money laundering service, SmartSearch, has reviewed 10 of the most lucrative fraud and money laundering cases in recent years, and provides advice on what businesses and individuals can learn from these. February 13, 2020: The theft of an employee laptop from GridWorks IC, a third-party vendor of Health Share of Oregon, has exposed the personal and medical information of 654,000 members. According to authorities, Tribby fraudulentlyoffered bank clients a tax-free interest wealth management account product that did not exist. 4:18-cr-93. The polices organized crime unit confirmed the move on Thursday. 1 Courthouse Way, Suite 9200 In addition to the employee awareness programme that should be refreshed regularly, security patches particularly must be kept up-to-date, with unpatched networks a bullseye for malicious bots. The employer paid an additional $26,092 in tax withholdings, for a total loss of $275,188. Vicki Lynn Weidenhof, 46, formerly of Sitka, Alaska and currently of Chatsworth, Georgia, pleaded guilty to charges she embezzled $187,348 from Alps Federal Credit Union, where she had served as chief operations officer. JACKSON, Miss. Rita Crundwell, 60, former comptroller of the city of Dixon, Illinois pleaded guilty on November 14, 2012, to wire fraud, and agreed she also engaged in money laundering, in connection with stealing more than $53 million from the city since 1990 and using the proceeds to finance her quarter horse farming business and life of luxury. However defined, the end result is the same: businesses suffer a loss because an employee unlawfully takes something from an employer. Perhaps the most well-known white collar criminal is Bernard Madoff, who was convicted of fraud costing investors $65 billion in 2009. BURLINGTON, Vt. (AP) The former director of a federal grant program for the Abenaki Self Help Association Inc. has been sentenced to eight months in prison for embezzling tens of thousands of dollars in federal funds from the tribal group, according to the U.S. JACKSON, Miss. Weart has been charged with theft, financial institution fraud and continuing a financial crimes enterprise. More often, suspected embezzlement is first detected based on circumstantial evidence, such as another employee's report or through an audit. The 55 count indictment includes one count of aggravated theft; 11 counts of telecommunications fraud; 10 counts of forgery; 11 counts of money laundering; 12 counts of unauthorized use of computer, cable or telecommunication property; and 10 counts of securing writings by deception. FTX says $594 million in crypto has been hacked from its exchanges since November collapse. Were going to show you how to get wealth and use it for the building of his kingdom, Taylor shouted to the congregation one morning in 2009. DETROIT (AP) A monitor appointed by a federal judge in the wake of a United Auto Workers bribery and embezzlement scandal contends that the union has been uncooperative by withholding information on additional misconduct allegations. According to prosecutors, Steele misappropriated the funds between January 2005 and June 2010. DETROIT (AP) A former treasurer for a Detroit firefighters union has been sentenced to one year in federal prison after being convicted of embezzling more than $220,000 in union funds, some of which she spent on airline flights, hotels and ocean cruises. SANTA FE, N.M. (AP) A Santa Fe woman has been accused of embezzling nearly $600,000 from a landscape architecture firm where she once worked. var scJsHost = (("https:" == document.location.protocol) ? DETROIT (AP) A former official at the United Auto Workers was sentenced Tuesday to nearly five years in prison for embezzling $2.1 million. Tammy R. Weart, 52, of Des Plaines, Illinois, has been charged with embezzling some $1.2 million from Specialty Moving Systems where she had been employed as company controller. In recent years, Holts overtime pay was over double that of her regular salary. var sc_security="fc91ab11"; She also pleaded guilty to a December 2019 indictment charging seven counts of wire fraud, two counts of bank fraud and two counts of aggravated identity theft for embezzling more than $390,000 from a different employer. Jason Paul Mitchell, 34, of Jackson, Missouri and Rajiv M. Toprani, 30, of Clarksville, Tennessee, have been accused of conspiring to bilk nearly $1 million from The DeWitt Company of Sikeston, Missouri. "The investigative work of 2021 has all the makings of a made for TV movie - embezzlement of funds from a nonprofit, a family fraud ring that stole millions in COVID-relief funds and a $1 billion Ponzi scheme used to buy sports teams and luxury vehicles. In a post on Facebook, investigators with the Florence County Sheriff's Office said Tina Sullivan, 50, of Marion, was arrested Tuesday and is being held at the county's detention center. According to authorities, Mitchell (left), who was employed as purchasing manager at DeWitt, colluded with Toprani (right), owner of KT America, a DeWitt supplier, who agreed to make kickback payments in exchange for exclusivity. 2. State Auditor Shad White, in a news release Thursday, said Tiffany Loftin admitted taking nearly $6,000 from Rankin County residents as they paid cash for county trash collection fees. It was all part of what he called his Building Wealth Tour, which crisscrossed the country touting self-improvement, followed-up with private meetings with interested investors. Red Cross Employee Indicted in $52,000 Embezzlement Scheme. An official website of the United States government. The Ayvazyan family received sentences ranging from 17.5 years in prison to 10 months of probation for crimes ranging from bank and wire fraud to aggravated identity theft. In some cases in a fiduciary relationship it is hard to draw a clear line between what can and cannot be done by the employee. Fraud and Corporate Crime. The employee, identified in U. S. District Court documents as Robin G. Cline, 54, of Puyallup, worked as an accounts receivable clerk at Costco's Fife store between 1996 and 2016. Victims sent more than $33 million to the church and received fabricated monthly statements reassuring them that their funds had been invested, when in reality, little to no money ever was. 661.The indictment follows an investigation by the OLMS Dallas-New . He is due to be sentenced this Friday on felony charges of bank fraud and tax fraud. Vickie L. Glatfelter, 49, of Dover Township, Pennsylvania, has been charged with embezzling $347,477 from York County, Pennsylvania where she had served as assistant chief clerk. The scheme reportedly spanned about 7 years from 2003 until 2010 where Mitchell and another employee netted some $950,000. Embezzlement occurs when a criminal takes or uses money from a company or an agency without consent. Some congregants from some of the most prominent mega-churches in the country, including New Birth Baptist Church and Joel Osteens Lakewood Church in Texas, turned over their life savings to Taylor hoping to do good while doing well. Employee theft statistics 2020 reveal a significant decrease in such incidents 20.3% less than in 2019. At his direction, church representatives appeared on television and at live seminars to make false and misleading claims to lure investors to invest in church entities. A Benton County grand jury indicted Stephanie Churchill, who served as town clerk for Hickory Flat in Benton Count, for not depositing funds collected from water and sewage bills from October 2018 through February 2021. Federal service is a public trust that demands of employees the highest degree of integrity in the workplace, said G. Zachary Terwilliger, U.S. Attorney for the Eastern District of Virginia. SIOUX FALLS, S.D. A former police chief in Amite City, Louisiana and a former Amite City councilmember were each sentenced yesterday to one year in prison for violating federal election laws as part Eastern District of Virginia Jessica L. Greenan, 42, of Centerville, was sentenced by U.S. District Court Judge Allison D. Burroughs to 70 months in prison and five years of supervised release. On December 15, 2021, in the United States District Court for the Western District of Texas, Dorothy Ferguson, former Treasurer of AFGE Local 2516 (located in El Paso, Tex. On 15 June 2022, the County Court of Victoria convicted and fined Avanteos $1.71 million for failing to update defective disclosure statements, which the Court described as a very serious failure of corporate governance. General Electric Employees Stole Trade Secrets to Gain a Business Advantage (2020) In this famous insider threat case, two General Electric (GE) employees downloaded thousands of files with trade secrets from company servers. According to authorities, McNally wrote checks from company coffers which Delikat cashed and the two split the proceeds. (CompareCamp) Former Payroll Specialist Pleads Guilty in Embezzlement Case Defendant's Actions Caused a Loss of More Than $275,000 WASHINGTON - KaShaun Perkins, 43, of Upper Marlboro, Md., pled guilty today to the federal charge of wire fraud for embezzling from his employer, causing a loss in excess of $275,000, announced U.S. Attorney Channing D. Phillips. Through these changes to the payroll system, Perkins caused the unauthorized salary payments to be directly deposited into accounts in his name, accounts with his joint ownership, and accounts under his control. BOSTON A Tewksbury woman pleaded guilty today in federal court in Boston to embezzling more than $1.8 million from her employer, collecting unemployment assistance while employed fulltime and related BOSTON A Rhode Island man was arrested today and charged in federal court in Boston in connection with allegedly using his accounting and virtual CFO business to launder tens BOSTON A Lowell man was sentenced today in federal court in Boston for engaging in a scheme to defraud his clients of millions of dollars. VATICAN CITY (AP) The Vaticans longtime investment banker testified Monday that he repeatedly voiced concerns about a fund that was investing in a troubled London property, but said the Holy Sees secretariat of state insisted on pursuing the deal even as it lost money. See the complete guide on how to approach employee theft in the workplace if you are unfortunate enough to be a victim. It is rare for an embezzler to be caught by direct observation. In such cases, the employer should move quickly to investigate and discipline the employees involved. VATICAN CITY (AP) The Vaticans financial trial took a series of surreal turns Thursday when a former suspect-turned-star witness was thrown out of the tribunal and a defendant asserted in court documents that she escorted two emissaries of Russian President Vladimir Putin into the Holy See to negotiate the return of holy relics to the Russian Orthodox Church. Bank fraud and wire. He conspired with others to obtain money through an investment fraud Ponzi scheme. Filed: January 14, 2023 as 2:2023cv10114 Plaintiff: Brent Charette Defendant: Adidas America, Inc. THB . Kent R.E. Among victims: his own mother. Rivera has also been sued in civil court by the company to recover the monies she stole, which came to a grand total of totaled $136,797.67, which she has been ordered to repay. Forging Checks In this type of embezzlement, an employee writes a company check to themselves, then cooks books to conceal the theft. The scheme reportedly spanned a period of more than two years, from 2007 until early 2010. Her scheme spanned a two year period, from March 2008 to March 2010. The most notable red flag of . Official websites use .gov Robert Vesco Embezzlement Case One of the most compelling embezzlement cases of all time was Robert Vesco. Jessica L. Greenan, 42, of Centerville, was sentenced by U.S. District Court Judge Allison D. Burroughs to 70 months in prison and five years of supervised release. : "http://www. Share sensitive information only on official, secure websites. 3) Due diligence. Plaintiff: Kenneth W Cory Ltd. Certified Fraud Examiners (CFEs) around the world are available for independent assignments and consultations. Use this free search tool to help you find fraud examiners in a specific . 95% of all businesses suffer employee theft. According to authorities, over a period of more than 7 years, from June 2003 to September 2010, Glatfelter committed 808 separate thefts of refunds for postage meter overcharges that she engineered, depositing the funds into her own accounts. According to Ford's lawyer, Lex Johnston, Fellowship Church first discovered Ford's theft during an audit on April 12, 2019, and then notified authorities. She plead guilty to one count of bank fraud on March 4, 2011. aka Father Sam, 68, of Akron, Ohio, admitted to embezzling about $1.2 million from Interval Brotherhood Home Foundation, a non-profit he founded and ran since 1970. Mattoon reportedly spent the stolen money on personal luxury items, shopping sprees, a horse trailer and a motorcycle business she started. (AP) A former Minnehaha County highway superintendent has been sentenced to 180 days in jail for embezzlement, with 80 days of that sentence suspended. An internal probe showed that the business had manufactured nearly $310 million in sales in 2019 by selling coffee vouchers in bulk to organizations linked to its chairman and reportedly fabricated a bogus employee to obtain $140 million in raw supplies from vendors as well. BOSTON - A Cape Cod woman was sentenced today in two separate criminal cases for embezzling more than $1.5million from two previous employers. Employee Theft Statistics Based on Industry Employee theft exists across many industries. She is scheduled to be sentenced in November. Have a question about Government Services? . The family used stolen and fictitious identities to submit 150 fraudulent applications for COVID-relief funds based on phony payroll records and tax documents to the Small Business Administration, and then used the funds they received to purchase luxury homes, gold coins, jewelry designer handbags and more. He reportedly used the funds to support his lifestyle, including purchasing a home, making home improvements and purchasing luxury vehicles. The embezzlement was discovered after the company was sold and Helgemo and Yarrish were let go and an audit of the companys books was conducted.

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