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Monday, October 25, 2010
Florida Woman Sentenced In $7.3 Million Embezzlement Case
Lori Lockman Julian, 48, of Casselberry, Florida, was sentenced to 57 months in prison for embezzling more than $7.3 million from the William C. Webb Co. and its related business, Industrial Park Development Corp., where she had been employed as a bookkeeper. According to authorities, Julian forged company checks written out to herself and others as well as made online payments to personal vendors and credit cards. The scheme, which netted Julian a total of $7,345,050.13, spanned more than 4 years, from August 2005 through October 2009, according to prosecutors. Authorities said she used the misappropriated funds to finance a lavish lifestyle including a second home, Orlando Magic season tickets, vehicles, boats, designer handbags and other personal luxury items. Julian pleaded guilty to one count of wire fraud in a plea agreement. She must also pay restitution.
Read the DOJ announcement here.