Tuesday, October 12, 2010

Wife Of Former New York Municipal Supervisor Pleads Guilty To Embezzling $378K

Randi L. Matthews, 43, of Fairfield, New York, pleaded guilty to one count of grand larceny admitting she embezzled some $378,000 from the City of Fairfield, where she was entrusted to manage the municipality's finances by her husband, Francis Matthews, an elected Supervisor of the town. According to prosecutors, over a three year period, from 2006 to 2009, Randi Matthews issued 347 unauthorized checks to herself or her husband, totalling $377,976. She was originally charged last April with felony counts of grand larceny, 349 counts of forgery and tampering with public records. Authorities believe Randi Matthews then spent the misappropriated monies at the Turning Stone Resort and Casino. She has blamed her actions on a gambling addiction.

Read the story here, here and here.
Update (10/29/10): Matthews was sentenced to 4½ to 13½ years in prison, with credit for about six months of time served. She was also ordered to pay restitution in the amount of $377,967.95.

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