Monday, January 12, 2009

Tennessee Company Sues Former Bookkeeper Who Allegedly Embezzled $500K

Belz Construction Co. Inc., a Memphis, Tennesse construction firm, filed a civil suit against its former bookkeeper, Sheri Davis Price Martin, who admitted inOctober she embezzled $502,398.14 from the firm between 2002 and 2008, according to reports. An office manager discovered the scam when they found 21 fraudulent transfers from their payroll and expense reimbursement accounts between July and October 2008. Belz Construction, owned by Errol Flynn, is not to be confused with Belz Enterprises, owned by Ron and Marty Belz.

Read the story here.

No comments: