Monday, January 9, 2012

Wisconsin Woman Pleads Guilty To Embezzling $105K From Social Service Agency

Mildred Horvath, 64, of Milwaukee, Wisconsin pleaded guilty to charges she embezzling about $105,000 from Social Rehabilitation and Residential Resources where she had served as executive director.  According to authorities, over a period of about 2 years, from 2008 through 2010, Horvath transferred funds intended to go to clients for Social Security payments for disabilities and supplemental payments.  She then used the money for her own benefit.  As part of the plea agreement, Horvath must also pay restitution.  This is not the first time Horvath has come to the attention of authorities for questionable financial transactions.  In 2004, a state audit showed another organization, for which Horvath served as chief financial officer, was paid more than $375,000 in state funds for services that were never provided.  However, she was never accused of any wrongdoing in those circumstances.

Read the story herehere and here.


Anonymous said...

You have your facts wrong, sir.

She MAY be ordered to pay restitution. She has not been sentenced.

The money was diverted in an account UNDER HER CONTROL. She did not use the money for herself. She put it an account that was used to keep the business afloat.

She did something stupid, and she should be punished, be but not for her own personal financial gain.

Anonymous said...

I dearly hope she has to pay restitution. She had NO BUSINESS diverting funds! I am so angry at people who take advantage of others and all they get is a slap on the wrist. These SSI recipients are out their money. How did she get away with this the first time around?

Anonymous said...

just an FYI - she was ordered to pay restitution & 3 years probation