Friday, August 3, 2012

Major Embezzlement Cases: June 15 - 23

Mary M Sheedy, 49, of Morrisonville, Illinois, pleaded guilty to embezzling more than $60,000 from the Morrisonville State Bank, a division of Wemple State Bank, where she had been employed as a branch manager.  Sheedy reportedly embezzled a total of $235,000, but paid back about $172,000.
Jonathan Neal Leber, 36, of Glasgow , Kentucky, has been indicted on federal charges for allegedly embezzling nearly $2.5 million from clients of his at Intrepid Financial Strategies.  Leber reportedly took investor monies for his own benefit and invested some in his new business, Cedar Ridge Shooting Ride Academy.  He has also been indicted on state forgery charges. 
Update (6/29/12): Leber was sentenced to 10 years in prison.

John R. Garris, 46, of Beckley, West Virginia, was sentenced to 15 months in federal prison for embezzling nearly $100,000 from First Citizens Bank where he had been employed as a financial services manager.   Garries reportedly set up fraudulent loans and pocked the proceeds for his own benefit.   The amount embezzled is believed to be as much as $99,175.

Christina Denny, 44, of Lafayette, Indiana, has been charged on 10 felony counts for allegedly embezzling more than $100,000 from the Lafayette Glass Company spanning a period of about 11 years.  Denny had been a "trusted" 19 year employee of the company.

Patricia Smith, 58, of Pittsburgh, Pennsylvania, has been sentenced to 6 1/2 years in jail for embezzling more than $10 million from Baierl Acura where she had been employed as company controller.  Smith reportedly spent the money to support a lavish lifestyle including "luxury trips, extravagant presents and once-in-a-lifetime experiences."  Smith, who was found guilty of wire fraud, reportedly made more than 800 fraudulent transfers from company accounts to her own accounts over a period of 7 years.

Christopher Grover Head, 44, of Arlington, Texas, has been indicted on charges he embezzled more than $250,000 from Wells Fargo Bank in Fort Worth where he had been employed as a personal banker.  Head allegedly used his access to transfer large sums of money to a fraudulent account he controlled.

Amy R. Eyler, 48, of Taneytown, Maryland has been charged with embezzling $118,000 from PNC Bank in Adams County, Pennsylvania where she had been employed as an assistant manager.  The thefts reportedly spanned a 4 years period from 2007 through 2011.

Mary Marra, 44, of Woodridge, Illinois, pleaded guilty to two felony counts for embezzling about $550,000 from a local law firm run by attorney Justin Tedrowe, where she had been employed as a legal secretary.  Marra reportedly wrote checks from firm and client accounts for her own benefit over a period of at least 5 years.
Update (9/10/12): Marra was sentenced to 10 years in prison.

Elizabeth Ann Masters, 44, of Aguanga, California, has been charged with embezzling 5.74 million from PROformance Apparel in San Marcos where she had been employed as a  bookkeeper.  According to authorities, Masters forged more than 700 company payroll checks and deposited them into her personal bank accounts.  She reportedly used some of the misappropriated funds to purchase a horse ranch in Aguanga.  Masters was arrested in New Mexico after apparently attempting to evade authorities.  She had disappeared in March after the thefts were revealed in an audit. 
Update (7/10/12): Masters has plead not guilty to the charges.
Update (4/15/13): Masters, now 45, was sentenced to 9 years in state prison.  Proformance Apparel reportedly did not survive as a business, which had to lay off its 90 employees as a result of Masters' thefts.

Sheila Marie Wright, 52, of Lynchburg, Virginia, pleaded guilty to embezzling more than $364,000 from customer accounts at Bank of the James where she had been employed as a branch manager.  Wright reportedly stole the money to feed a gambling habit.  She had been an 8 1/2 employee of the bank.
Update (9/26/12): Wright was sentenced to 33 months in prison and ordered to pay $364,894.76 in restitution.

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