Friday, August 13, 2010

Montana Woman Pleads Guilty To Embezzling "Hundreds of Thousands" From School

Cynthia Jane Rasmussen, 55, of Kalispell, Montana, has pleaded guilty to charges she embezzled "hundreds of thousands" from the Montana Academy in Marion, where she had been employed as a bookkeeper. According to authorities, over a four year period from 2004 through February 2008, Rasmussen issued herself extra paychecks, gave herself unauthorized raises, and made unauthorized credit card purchases for her own benefit. She is scheduled to be sentenced in November.

Read the story here.

Update (11/18/10): Rasmussen was sentenced to 21 months in prison, plus three years of probation and ordered to pay $160,218.74 in restitution. Read the updated story here.

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