Thursday, July 1, 2010
Pennsylvania Woman Accused Of Embezzling $193K From 2 Townships
Linda Ann Marie Palermo, 41, of Conshohocken, Pennsylvania, has been accused of embezzling some $193,000 from two townships she was employed by as a part-time administrator and collections secretary. According to prosecutors, Palermo embezzled $27,855.77 from Lower Gwynedd township and $165,387.49 from West Conshohocken township. Palermo reportedly was able to make additional salary payments to herself with unauthorized checks as well as to make direct payments to third party personal vendors for her own benefit. Palermo's schemes spanned a nearly 9 year period from August 2001 until this past April. Some of the stolen funds were used to pay for her mortgage, overseas vacations, cruises and a 1994 Corvette. She is reported to have confessed to authorities and is quoted as saying that she was able to get away with her embezzlement for so long because, "nobody was checking on what I did."