Friday, March 13, 2009

Elderly Escrow Officer In Texas Sentenced To 3-1/2 Years For $1.2 Million Embezzlement

Helen K. Sullivan, 71, of Commerce, Texas, was sentenced to 42 months in prison plus restitution for embezzling some $1.2 million from the Lawyers Title Insurance Corp. in Dallas where she had been employed. Sullivan plead guilty last August to mail fraud charges, admitted the embezzlement. According to prosecutors, Sullivan misappropriated the funds from client escrow accounts over a nearly six year period from 2000 until September 2006. She reportedly wrote more than 160 checks to pay her personal credit card bills and to fund another business of hers called S Industries LLC.

Read the story here, here and here.

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