Friday, June 17, 2011

Massachusetts Woman Indicted For Embezzling $126K From Aids Charity

Valerie Tebbetts, 54, formerly of Dorchester, Massachusetts, has been indicted on charges alleging she embezzled more than $126,000 from The Living Center, a local HIV/AIDS charity group for which she had served as the executive director.  According to prosecutors, over a period of more than 2 years, from September 2008 to November 2010, Tebbetts issued numerous checks to pay for personal expenses, including her rent as well as made numerous cash withdrawals from the charity's accounts.  Tebbetts has been indicted on three counts of larceny by embezzlement over $250 and false entries in corporate books.

Read the story herehere and here.

Update (12/15/11): Tebbetts pleaded guilty to three counts of embezzlement and one charge of making false entries in corporate books and was sentenced to five years probation.  She was also ordered to pay restitution to the Boston Living Center and receiving counseling for her reported gambling addiction. 

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