Lynda King, 40, of Pine Bluff, Arkansas, pleaded guilty yesterday to embezzling some $884,000 from the Pine Bluff School District where she had been employed as a secretary for ten years. King was charged with 1,152 counts of theft and forgery, in a scheme in which she allegedly issued fraudulent purchase orders to a phony vendor she created and then issued unauthorized checks which she was able to deposit into her own accounts. The scheme went on for 7 or 8 years, according to reports.FraudTalk is a blog focused on the review and discussion of recent significant cases of fraud, corruption and employee misconduct - particularly major embezzlement cases in the US. Fraud Talk is published by Chris Marquet, Chairman & CEO of Marquet International Ltd., an international investigations, litigation support and due diligence firm.
Wednesday, February 18, 2009
Arkansas Woman Pleads Guilty To $884K School Embezzlement
Lynda King, 40, of Pine Bluff, Arkansas, pleaded guilty yesterday to embezzling some $884,000 from the Pine Bluff School District where she had been employed as a secretary for ten years. King was charged with 1,152 counts of theft and forgery, in a scheme in which she allegedly issued fraudulent purchase orders to a phony vendor she created and then issued unauthorized checks which she was able to deposit into her own accounts. The scheme went on for 7 or 8 years, according to reports.
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