Saturday, May 11, 2013

Pennsylvania Woman To Be Sentenced For Embezzling $970K From Employer Via Payroll Shenanigans

From the Associated Press on 5/10/13:

A central Pennsylvania woman is set for sentencing before a federal judge in Erie on charges she embezzled $970,000 from a furnace company where she worked as a payroll clerk, and failed to declare the money as income.

Fifty-one-year-old Sandra Prechtel (PREK'-tel), of St. Marys, was indicted two years ago and pleaded guilty in October to mail fraud and tax evasion while working for Abbott Furnace Co. from 2002 to 2007.

Federal prosecutors say Prechtel handled the company's finances and payroll and stole the money by issuing herself extra pay checks or by inflating the amount of direct payroll deposits into her personal bank account. Authorities say she spent the money on herself and on credit card accounts jointly held with a love interest.

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