Friday, January 29, 2010

California Ex-Con Arrested For Embezzling $900K

Kathryn Britto-Florence, 51, of Walnut Creek, California, was arrested Wednesday for allegedly embezzling more than $900,000 from an unnamed appliance installation services company based in Pleasanton, where she had been employed as a senior accountant. According to authorities, Britto-Florence paid herself extra paychecks issued to a fictitious name that she deposited into her own accounts. The scheme reportedly went on for about two years. She is on probation in Contra-Costa County for a prior conviction in a similar embezzlement scheme. Authorities suspect she may have been embezzling in order to pay for the restitution ordered in the earlier case.

Read the story here and here.

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