Wednesday, February 9, 2011

Missouri Woman Pleads Guilty To $700K Embezzlement

Kim A. Brown, 46, of Kansas City, Missouri, pleaded guilty to charges she embezzled some $700,000 from Standard Sheet Metal, Inc. where she had been employed as a bookkeeper. According to prosecutors, Brown wrote at least 474 unauthorized checks, totaling $718,167 over a period of 7 years, from September 2002 to October 2009. She reportedly forged the signature of a business co-owner on the checks and deposited the funds into her own bank accounts. Brown plead guilty to 16 counts of bank fraud. She had been employed at the company for 11 years, starting out as a receptionist before becoming a bookkeeper.

Read the story here.

Read the DOJ announcement here.

Hat tip: Reader Joe.

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