Friday, August 27, 2010

Maryland Woman Sentenced To 15 Years For $900K Embezzlement Scheme

Stephanie Ann Joseph, 50, of Fruitland, Maryland, has been sentenced to 15 years in prison for embezzling $884,277.08 from Thomas H. Ruark Inc., a local development firm where she had been employed as a bookkeeper for nearly 2 decades. Authorities alleged that Joseph would keep cash collected from clients and use a check from another account to conceal any monies stolen. She also allegedly changed the amount of deposits in computer records. Joseph plead guilty to felony theft charges. Auditors believe Joseph's scheme spanned more than 6 years, from January 2003 until May 2009.

Read the story here.

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