Friday, March 12, 2010

Louisiana Woman & Co-Conspirator Sentenced In $12.7 Million Embezzlement Case

Donna White, 46. of Avondale, Louisiana, was sentenced to 40 months in prison for her role in an embezzlement scheme that bilked Gretna-based John W. Stone Oil Distributor LLC out of some $12.7 million. According to authorities, White, who was employed by the dock fueling business in its accounting department, conspired with her sister's boyfriend, Daniel Kinney, 44, of Whitesville, Kentucky, to misappropriate the funds over a 12 year period starting in 1995. The scheme involved stealing customer checks and funds meant for deposit, but instead were deposited into their personal accounts. Kinney was sentenced to 78 months in prison. The stolen money was reportedly used to finance Kinney's NASCAR racing company, Premier Motorsports, as well as to pay for personal expenses and gambling. The two were originally charged last November on a one count bill of information with mail fraud to which they plead guilty in December 2009.

Read the story here and here.

Read the DOJ announcement here.

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