Tuesday, September 27, 2011

Virginia Woman Pleads Guilty To Embezzling $570K From American Diabetes Association

Adrienne Carrington, 56, of Fredericksburg, Virginia, pleaded guilty to one count of wire fraud admitting she embezzled nearly $570,000 from the American Diabetes Association where she had been employed as senior financial analyst and subsequently treasury manager.  According to authorities, over a period of  9 years, from August 2001 through September 2010, Carrington initiated at least 133 unauthorized wire transfers totaling $569,827.48 to an account she controlled for her own benefit.  Carrington reportedly spent some of the ill-gotten gains on gambling and supporting a lavish lifestyle.  Carrington allegedly attempted to conceal the thefts by altering internal accounting documents to make the fraudulent funds transfers appear to be legitimate business expenses. 

Read the story here and here.

Read the DOJ announcement here.

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