Wednesday, April 3, 2013

California Bookeeper Pleads Guilty In $309K Embezzlement Case

SACRAMENTO, CA - An Elk Grove woman pled guilty to cashing altered and stolen checks of a Sacramento business on Thursday.

Ladonna Faye Chandler, 54, was charged with 12 counts of felony bank fraud, said Lauren Horwood spokesperson for U.S. Attorney's Office, Eastern District of California.

Chandler used to be a bookkeeper for Platinum Services LLC, a commercial janitorial service. She was in charge of the company's finances: Issuing checks for expenditures, depositing checks, transfer funds between accounts and receiving checks and payments from clients, Horwood said.

Court documents show Chandler used her access to the funds and altered the checks to obtain $309,369 for personal use.

Chandler faces 30 years in prison for each count. Her sentencing is scheduled for June 27.

From News10/KXTV

Hat tip: FraudTalk reader Joe.

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