Saturday, March 14, 2009
California Administrator Arrested For $850K Alleged Embezzlement
Angela Phillips, 37, of Montecito, California and an administrative assistant at Windsor Capital Group based in Carpinteria, California, was arrested Wednesday for allegedly embezzling some $850,000 from the company. According to prosecutors, Phillips used company credit cards and online accounts to live a more lavish life, including making purchases for travel, personal items, and buying gifts for friends and family. She also forged checks that were made payable to the company and deposited them into her own accounts. It is unclear how long the scheme was enacted.