Tuesday, July 12, 2011

Michigan Woman Charged With Embezzling Nearly $400K

Judy Jean Jones, of Portage, Michigan, has been charged with embezzling about $400,000 from CTS, a unit of Climax Telecom Company, where she had been employed as a bookkeeper.  According to authorities, Jones wrote company checks to herself and for her own benefit for years.  Further details have not been released.

Read the story here.

Update (4/30/12): Jones, now 59, has been sentenced to 2 1/2 to 20 years in prison and ordered to pay $318,291 in restitution.  Jones is now believed to have embezzled more than $419,000 from CTS, a unit of Climax Telecom Company over a 3 1/2 year period from January 2007 to June 2010.

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