Stacia Woodman, 36, of Leeds, Alabama, was indicted on charges she embezzled nearly $300,000 from J. Loper and Company, a local landscape company where she had been employed as a bookkeeper. According to prosecutors, Woodman "used" company checks to pay for personal expenses over a period of three years, from approximately January 2006 until February 2009. Woodman was indicted on 8 felony counts, including mail fraud and tax fraud and seeks forfeiture of $298,126 "as proceeds of illegal activity." The indictment also alleges Woodman failed to report some $190,000 of the embezzled proceeds as income to the IRS.
Read the story here and here.
Read the DOJ announcement here.
Update (5/24/11): Woodman was sentenced to 41 months in prison and ordered to pay restitution of $427,488, the amount ultimately determined she embezzled from J. Loper and Company.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment