Friday, September 24, 2010

California Woman Arrested For Alegedly Embezzling $720K

Carmen Ascencio, 37, of Rancho Cucamonga, California, was arrested this week on suspicion she embezzled more than $720,000 from Corrections Canteen, a division of the Compass Group, where she had been employed as branch manager. Authorities were at the business conducting an unrelated investigation when Ascensio quit her job. An audit then reportedly revealed the thefts. Authorities believe that over a five year period, from January 2005 and February 2010, Ascensio caused the accounting system to issue herself extra checks and then made false entries into the system.

Read the story here.

Update (12/6/10): Ascencio was sentenced to 16 months in prison for embezzling more than $720,000 from Corrections Canteen, where she had been a branch manager.

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