Thursday, July 16, 2009

Delaware Woman Arrested For Embezzling $109K From Employer

Deborah N. Reitenauer, 59, of Millsboro, Delaware, has been arrested by Delaware State Police for allegedly embezzling more than $109,000 from Harvard Business Services, Inc. of Lewes, Delaware, where she had been employed as head of Franchise Tax since 2003. According to authorities, Reitenauer manipulated the amount the company owed in franchise taxes, essentially enabling her to skim funds that should have been paid over a period of years. Prosecutors allege that she deposited over 300 checks into her personal bank account totalling more than $109,000. Research suggests that Reitenauer was previously found guilty of embezzling $1.2 million from Poseidon Pools of Whitehall Township, Pennsylvania in 1993.

Read the story here.

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