Sharon Elyce Pearl, 51, of Oakland, California, was charged with embezzling more than $675,000 from the State Bar of California, where she had been employed. The alleged thefts occurred over an 8 year period, according to prosecutors. Pearl allegedly spent the money on “spa treatments, designer clothes, lavish meals and fancy hotel rooms," according to the complaint. She surrendered to authorities on Monday. Pearl was responsible in part, for collected rent payments from tenants in a San Francisco office building owned by the law profession licensing agency. According to the complaint, Pearl had tenants make out rent checks to "PLOT - the State Bar of California." She would then deposit the checks into the account of the Piedmont Light Opera Theatre, for which she served as administrator and had control over the accounts.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, April 8, 2009
California State Bar Employee Charged With Embezzling $675K
Sharon Elyce Pearl, 51, of Oakland, California, was charged with embezzling more than $675,000 from the State Bar of California, where she had been employed. The alleged thefts occurred over an 8 year period, according to prosecutors. Pearl allegedly spent the money on “spa treatments, designer clothes, lavish meals and fancy hotel rooms," according to the complaint. She surrendered to authorities on Monday. Pearl was responsible in part, for collected rent payments from tenants in a San Francisco office building owned by the law profession licensing agency. According to the complaint, Pearl had tenants make out rent checks to "PLOT - the State Bar of California." She would then deposit the checks into the account of the Piedmont Light Opera Theatre, for which she served as administrator and had control over the accounts.
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