Monday, November 23, 2009

Minnesota Woman Charged In $676K Embezzlement Case

Gail Ann Williams, 51, of St. Paul Park, Minnesota, has been charged with embezzling some $676,000 from Stuart Co. of Bloomington, where she had been employed as the company's Executive Vice President of Finance. Williams has been charged with eight felony counts of theft by swindle of more than $35,000. Each carries a possible sentence of 20 years in prison and a $100,000 fine upon conviction. Over at least a five year period from 2004 to 2009, Williams fraudulently transferred funds from company bank accounts into her own accounts by wire transfer. She also served as finance officer for a related company, Nolan Family Limited Partnership. According to the criminal complaint, Williams spent the stolen money on an auto loan and expensive trips, among other things.

Read the story here and here.

Read the criminal complaint here.

7 comments:

Anonymous said...

Instead of 80 years in prison, she may be get 8 months. It is a joke

Anonymous said...

Your the joke!

Anonymous said...

Wow, let me guess, Gail is that you?Geez, what a quick comeback :(

Anonymous said...

Sentencing is set for July 20th, 2010.

Anonymous said...

I wonder if she that's where she got the money to buy the family farm in sandstone?

Anonymous said...

It just amazes me that these companies are so busy watching the little people to make sure they don't steal, that they overlook the big shots right under their noses!!! Wake up Stuartco!

Anonymous said...

You can wonder all you want, but if you know when the sentencing is and about a family farm you know her well enough to ask her yourself and not post it on here.