Tuesday, August 3, 2010

Update: Former Colorado Financial Controller At Non-Profit Sentenced In $736K Embezzlement Case

Marlana Lu Howell, 50, formerly of Snowmass Village, Colorado and now of Santa Fe, New Mexico, was sentenced to four years in prison for embezzling some $736,000 from the non-profit Anderson Ranch Arts Center, where she had been employed as financial controller. Prosecutors originally charged Howell with 32 felony theft counts and plead out to one of those counts this past June. Howell was alleged to have made 16 unauthorized wire transfers of the non-profits funds into her own personal accounts over a 16 months period beginning in April 2008. Howell's scheme unravelled in June 2009 when loan documents for a vehicle registered to the non-profit were mailed to the center and discovered by other officers. The vehicle was apparently being used by Howell and paid for by the non-profit. Howell was confronted in August 2009 and she reportedly confessed that she started stealing funds after she was told she would not get a housing stipend she thought she had been promised. Howell apparently changed her name to Marlana J. Atkinson and began an independent accounting practice in Santa Fe, New Mexico.

Read FraudTalk's earlier post on this story here.

Read the story here and here.

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