Friday, December 24, 2010

Former Bookkeeper From Arkansas Sentenced For Embezzling Nearly $700K

Katherine Anne West, 39, of Sheridan, Arkansas, was sentenced to 64 months in prison for embezzling nearly $700,000 from Lift Truck Services where she had been employed as a bookkeeper. According to authorities, over a period of 7 years, from 2001 until 2008, West created a phony vendor account in the name of P&K Enterprises and directed company payments to her personal vendors, such as credit cards bills, utilities and car loans. The total stolen was $698.873.06, according to the indictment. West, who was originally indicted on 152 counts of mail fraud and bank fraud last April, plead guilty to one count of mail fraud and one count of bank fraud on June 3, 2010 in a plea agreement.

Read the story here.

Read the DOJ announcement of her indictment here.

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