Diana E. Simon, 50, of Sugar Land, Texas, was sentenced yesterday to 5 years in prison for embezzling more than $3.6 million from Kaneka Texas, a chemical company and a subsidiary of Kaneka Japan, based in Pasadena, Texas, where she had been employed as an accounting supervisor. According to prosecutors, Simon's scheme was perpetrated between June 2006 and February 2008, wherein she manipulated vendor invoices and caused $3,621,220 to be transferred into her own personal bank account. Simon reportedly used the embezzled money to buy a luxury home, luxury vehicles, jewelry and financed multiple gambling trips to Louisiana and Las Vegas. She was originally indicted last September and plead guilty shortly thereafter. Simon was also ordered to pay restitution in the amount of $3,621,220.
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