Wednesday, February 19, 2014

Indiana Woman Sentenced For Embezzling $178K From Her Employer

From the Associated Press on 2/12/14:

A former administrative assistant for a Boonville, Ind., company was sentenced to federal prison Tuesday for embezzling $149,000 from her employer.

Cindy L. McDaniel, 42, of Boonville, pleaded guilty to bank fraud and filing false tax return charges.

She appeared in U.S. District Court at Evansville where Chief Judge Richard L. Young sentenced her to 21 months in prison and ordered her to repay more than $178,000 to Concrete Pavers, Inc. and the Internal Revenue Service, according to court officials.

McDaniel worked as bookkeeper and office manager for the company. She used pass codes that she acquired from a password generating device issued by Regions Bank to access and transfer funds belonging to her employer into her personal bank account, according to court records.

The transfers happened between June 1, 2009, and July 4, 2011, and the company had deposited the money in Regions Bank in order to pay employee withholding taxes, court records said.


Read the whole story here.

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