Friday, January 10, 2014

Wisconsin Woman Sentenced To 2 Years For Embezzling $660K From Family Business

From WSAU on 1/10/14:

A 46 year old former Woodruff­ area woman has been sentenced to two years in prison and ordered to repay nearly three­quarters of a million dollars in restitution and fines. She had entered guilty pleas to embezzling the money over several years from the family business where she worked.

Lisa Saykally admitted to stealing $660,000 from Aqualand Manufacturing in Woodruff over 8 years. With tax ­related fines added in, the amount for repayment is $727,000.

Prosecutor Jodie Bednar­ Clemens said Saykally destroyed the family trust by using the money for a lavish lifestyle. ...

Read the whole story here.

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