Tuesday, June 30, 2009

Former Michigan Comptroller Charged In $300K Embezzlement

Debra Lee Oselett, 51, of Lake Orion, Michigan, was charged with embezzling more than $300,000 from North American Dismantling Company in Elba Township, Michigan, where she had been employed as company comptroller. According to reports, the company discovered that Oselett had a separate company credit card issued to her in her maiden name, but there were no invoices or records for it. She is believed to have used the credit card for personal expenses, had the company pay for it and then shredded the bills. A company audit then identified a total of $330,610 in funds Oselett allegedly stole. Prosecutors allege that the thefts occurred over a four year period.

Read the story here.

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