Tuesday, October 26, 2010
New Mexico Woman Charged With Embezzling $1.4 Million
Shirlene L. Childers, 55, of Albuquerque, New Mexico, was charged with embezzling more than $1.4 million from JCH Industries, Inc., a local machinery company, where she had been employed as a bookkeeper. According to authorities, over a six year period, beginning in 2004, Childers allegedly issued more than 300 fraudulent checks to herself, family members, a company she owned, personal credit card bills or to pay for other personal expenses. Childers, who was described by the JCH's owner as his "most trusted employee," was charged with 306 counts of embezzlement. Authorities believe Childers misappropriated a total of $1,435,598. According to media reports, Childers has repaid about $500,000 thus far.