Tuesday, May 10, 2011

Michigan Accountant Accused In $1.1 Million Embezzlement Scheme

Susan J. Morrison, 49, an accountant working for Munson Healthcare in Traverse City, Michigan, has been accused of embezzling more than $1.1 million from the company. The scheme, which involved fraudulent transfers over a 5 year period from company accounts to accounts she controlled at a business she controlled, Great Lakes Bear Factory. Morrison, who was suspended from their position last month, has yet to be charged.


Read the story here, here and here.

Update (9/2/11): Morrison has pleaded guilty to embezzling more than $1.1 million from Munson Healthcare.  She had been an employee at the company for 11 years.

Update (12/8/11): Morrison was sentenced to 46 months in  prison and ordered to pay $1.1 million in restitution.

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