Saturday, January 31, 2009
Update: Michican Couple Arraigned In $1.8 Million Embezzlement Case
Amy Lynn McDonald, 36 and Erick Donald McDonald, 38, of Waterford Township, were extradited back to Michigan yesterday from New Orleans where they were arrested and arraigned on charges they embezzled some $1.8 million from the Palace of Auburn Hills. Prosecutors have increased the embezzlement amount, presumably based on further investigation. They are being held in lieu of a $2 million and a $2 1/2 million bond, respectively. Amy McDonald was a longtime accounts payable manager and has denied any wrongdoing. They are suspected of using company credit cards and other means to pay for numerous personal items and expenditures, including motorcycles, vehicles, electronics, sporting goods, luxury vacations and cruises -- even Erick's monthly court-ordered child support to an ex-wife.
Read FraudTalk's original post on this story here.