Tuesday, August 30, 2011

Nevada Woman Sentenced For Embezzling $750K

Terry Straw, 58, of Sparks, Nevada, was sentenced to up to 10 years in prison for embezzling nearly $750,000 from Reno-Tahoe Construction Inc. where she had been employed as an office manager.  According to authorities, over a 5 year period, Straw siphoned funds from the company by writing checks to herself and doctoring invoices.  According to media reports, Reno-Tahoe Construction was forced to lay off 60 employees and nearly bankrupted the company.  Straw reportedly has a serious gambling addiction and spent much of the ill-gotten gains at local casinos.

Read the story here.

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