Tuesday, May 4, 2010

Missouri Municipal Employee Pleads Guilty To Embezzling $120K

Lou Ann Allred, 60, of Callao, Missouri, pleaded guilty today to charges she embezzled some $120,000 from Callao City, where she had been long employed as the municipality's city clerk. Allred admitted she received cash payments for city services and instead of depositing the money into municipal accounts, embezzled the funds for her own personal purposes. Allred was also alleged to have written municipal checks to herself and forged the signature of the Callao Mayor and either cashed or deposited them into her own personal bank account. Allred's scheme lasted four years, from 2004 to 2008, according to prosecutors. She plead guilty to one felony count of mail fraud and faces up to 20 years in prison, plus fines and restitution.

Read the story here and here.

Read the DOJ announcement here.

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