Tuesday, January 19, 2010

Missouri Municipal Clerk Indicted For Allegedly Embezzling $150K

Lou Ann Allred, 60, of Callao, Missouri, has been indicted for allegedly embezzling some $150,000 from the coffers of Callao City, where she had been employed as city clerk. According to the indictment, Allred took cash meant as payments for city services to be deposited in the city's bank account and kept it for herself. She is also alleged to have written city checks to herself, forging the mayor's signature. The scheme is purported to have lasted approximately 4 years between 2004 and 2008. Allred was indicted on one felony count of mail fraud. She faces up to 20 years in prison, restitution and a fine of up to $250,000, if convicted.

Read the story here and here.

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