Thursday, March 18, 2010

Update: Pennsylvania Woman Sentenced In $1.6 Million Embezzlement Case

Vivian K. Williams, 50, of Allentown, Pennsylvania, was sentenced to 57 months in prison for embezzling some $1.6 million from International Women's Apparel, Inc., over a nine year period. Prosecutors alleged that Williams issued phony invoices from a fictitious company for services not rendered the company to misappropriate the funds. Williams was employed as an administrative assistant to the president and later director of human resources for the company during the period of the thefts. Williams created a company called "The Copy Connection" which billed the company for non-existent services to the tune of $1,663,129, pocketing the proceeds. Williams reportedly used the stolen money for personal travel, her son's tuition, a $20,000 home theater system and home remodeling. She was also ordered Williams to pay back $1,542,638.25 to the company and $710,291.33 to the IRS in back taxes, penalties and fees. According to reports, this is Williams' third conviction for embezzlement.

Read FraudTalk's original post on this story here.

Read the story here.

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