Tuesday, December 22, 2009
Florida Condo Manager Pleads Guilty In $167K Embezzlement Case
Joan Nesbitt Eller, 62, of Jacksonville, Florida, has pleaded guilty to charges she embezzled nearly $167,000 over a 7 year period from the Timuquana Village Condominium Association, where she had been employed as manager since 1988. According to an internal investigation, Eller wrote checks to herself from the association’s bank account for personal items from 2002 until this past June. She had faced up to 30 years for grand theft, but in a plea deal, will only have to serve 10 days, served on weekends, plus make restitution, which she has done. Eller was also placed on a year of house arrest and ordered her to perform 150 hours of community service. Eller's thefts nearly bankrupted the condo association, according to its new treasurer, Bill Hammock. Prior to his appointment, Eller had complete control over the books of the association.
Sounds to me like a very light sentence considering the breach of trust and amount she embezzled...