Thursday, January 6, 2011

Tennessee Woman Sentenced In $318K Embezzlement Case

Carin L. Shipp, 37, of Southaven, Tennessee, was sentenced to 33 months in prison for embezzling $318,000 from Creative Co-Op, a local design firm where she had served as payroll manager. According to authorities, Shipp executed more than 300 fraudulent wire transfers from company payroll accounts to her own during 2008. Shipp was also ordered to pay $285,0000 in restitution. Shipp reportedly was previously accused of embezzlement but settled the case with restitution only.

Read the story here.

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