Tuesday, June 4, 2013

California Woman Indicted On Charges She Allegedly Embezzled $800K From Monterey Aquarium

From NBC Bay Area on 6/2/13:

A federal grand jury in San Jose has indicted a former payroll employee of an aquatics research facility at Moss Landing, Calif. in the embezzlement of about $800,000 from 2005 to 2012, according to the U.S. Attorney's office.

Lisa McMahon, of Mountain View, is set to appear in federal court in San Jose on Thursday to face charges of wire fraud and theft from the Monterey Bay Aquarium Research Institute following her indictment Wednesday, the office reported.


The indictment alleged that McMahon defrauded the institute of the $800,000 over seven years by altering payroll and 401(k) investment records to conceal the transfer of funds to her personal accounts, federal officials said.

McMahon had been working for the institute as a payroll specialist responsible for the payroll, 401(k) distributions and loans for institute employees.



Cheryl Meril said...
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Cheryl Meril said...

Some people are under the wrong impression that it's more likely poor people will turn to corruption and crime due to bad economic times. Is it not true that it's usually those who are well off and not at all suffering in their lifestyles who never have enough who often resort to this kind of blatant criminal conduct?