Wisconsin Woman Charged With Embezzling $470K From Blood Center

Tina M. Jacobsen, 49, of Neenah, Wisconsin, has been charged with embezzling at least $470,000 from the Community Blood Center in Grand Chute, WI, where she had been employed as an account specialist. According to authorities, Jacobsen wrote checks to herself from the non-profit's coffers instead of paying vendors and received fraudulent expense reimbursements over a period of more than 5 years, from January 2006 until April 2011. Jacobsen reportedly spent at least $300,000 at local casinos during this period and her home is now in foreclosure. Jacobsen has been charged with five felony theft charges, two misdemeanor theft charges and one count of fraudulent writings.

Read the story here and here.

Update (6/8/11): Jacobsen has been prohibited from leaving the state or gambling by the Outagamie County Court.

Update (11/8/11): Jacobsen, now 50, has pleaded no contest to three felony counts of theft.

Update (1/30/12): Jacobsen has been sentenced 5 years in prison followed by 13 years of supervised release.  She has also been ordered to pay $537,000 in restitution.