Tuesday, October 25, 2011

Maryland Woman Pleads Guilty To Tax Evasion Following $382K Embezzlement

Collette Snyder, 42, of Timonium, MD, pleaded guilty last week to filing a false tax return for the years 2007 and 2008.  The charges stem from her alleged embezzlement of some $382,000 from Maple Leaf Title where she had been employed as a clerk responsible for recording real estate transaction documents.  According to media reports, Snyder had signature authority over a number of the company's accounts.  Starting in 2007, Snyder reportedly began endorsing company checks to her husband and depositing into his account, without his knowledge, forging his signature.  She also began writing checks to directly to herself and depositing them for her own benefit.

Read the story here.

Update (4/5/12): Snyder has been sentenced to 1 year and a day in federal prison.  She was also ordered to pay $115,529 in restitution to the IRS for taxes owed on the ill-gotten gains.


Julie said...

I believe her sentencing was to be this past Friday. Any clue as to what was handed down?

(My husband cut her grass for a period of time this year not knowing of her history. Needless to say, he never was paid.)

Chris Marquet said...

Sentenced to one year and a day. See update.