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.

Developing...

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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