Friday, May 7, 2010

Virginia Bookkeeper Pleads Guilty To $433K Embezzlement Scheme

Jennifer R. Smith, 37, of Norfolk, Virginia, pleaded guilty to charges she embezzled $432,959 from medical software firm, Welligent Inc., where she had been employed as a business manager. Specifically, Smith plead guilty to four felony counts of embezzlement and prosecutors dropped five other counts in a plea agreement reached yesterday. Prosecutors alleged that Smith made 59 transfers of company funds to her own accounts beginning shortly after she was hired in 2006 until she was caught last December. The amount of the transfers started at $500 and increased over time. She is also alleged to have made unauthorized charges on company credit cards for her own use.

Read the story here.


Anonymous said...

There's always more to the story.

Anonymous said...

You NEVER believe all that you read. She is a wonderful person.

Anonymous said...

Sad but true...She is a wonderful person...unfortunately the person she chooses in her life is a leech. Dire situations result in dire (sometimes not so smart) decisions!