Tuesday, June 1, 2010

South Carolina Woman Sentenced For Embezzling $1 Million

Cheri Burnett Abraham, 51, of Moore, South Carolina, was sentenced to 30 months in prison for embezzling some $1 million from Christian Supply, of Spartansburg, where she had been employed as director of administration. According to prosecutors, Abraham forged checks over a period of about 7 years, made out to companies she controlled called Domestics Ltd. and Living by Design. She pleaded guilty to federal bank fraud charges last August. Abraham was also ordered to pay $500,000 in restitution.

Read the story here, here and here.

1 comment:

Anonymous said...

$500,000 divided by the $300 per month she is ordered to pay in restitution to CS means it will only take her 138 years to pay back what she took.