- Amanda Renee Burns, of Lansing, Michigan, charged two weeks ago with embezzling about $950,000 from the Rockford branch of Fifth Third Bank
- Debra Ann Boynton, 44, of Troy, Michigan, sentenced in January for embezzling $640,000 from Standard Federal Bank (now Lasalle Bank Midwest)
- Susan M. Burgher, 48, of Breckenridge, Michigan, pleaded guilty in January to one count of "embezzlement of more than $100,000" for stealing nearly $600,000 from Innovative Communications Inc.
Thursday, March 11, 2010
Less Than 3 Months In, 2010 A Banner Year For Major Embezzlement Cases In Michigan
Michigan is infamously having a banner year for major embezzlement cases. With less than two and a half months into the year, we have already chronicled 15 cases involving employee thefts of more than $100,000. For 2009, the total for the entire year was 21 cases. We believe that the more severe economic woes in Michigan may have driven some of this white collar crime. However, most of these cases have gone of for years - the average scheme duration nearing 5 years. Interestingly, five of the 2010 cases involve healthcare related businesses. The average perpetrator age is 44 and 12 of the 15 are females - consistent with our overall research on this topic. There are still more than 9 months left in the year, but Michigan appears to be running far ahead of all other states (California, Texas and New York each have 6 or fewer such cases thus far this year). Our research suggests that the three largest embezzlement cases in Michigan this year so far include: