Former Iowa Bookkeeper Charged With Embezzling Nearly $100K

Michelle Leigh Irving, 39, of Knoxville, Iowa, has been charged with embezzling nearly $100,000 from the Knoxville Raceway where she had been employed as an accounting manager. According to prosecutors, Irving deposited raceway checks into her own accounts. The scheme was uncovered last month when Iowa State Savings Bank notified the Marion County Fair Board, which runs the track. Authorities say their investigation revealed that Irving stole a total of $98,000 over more than a two year period, beginning in January 2007. She was arrested on March 23, 2010 and charged with theft in the first degree, a Class C felony.

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Update (8/26/10): Irving pleaded guilty to first degree theft and was sentenced to 5 years probation and restitution.