Tuesday, February 24, 2009

New York Bookkeeper Charged In $130K Embezzlement From Tractor Company

Dorothy A. Horvath, 50, of Campbell Hall, New York, was arrested Sunday night on charges she embezzled some $130,000 from her former employer, Chambers Tractor Sales Inc. According to prosecutors, Horvath, who was the company's bookkeeper responsible for the daily cash deposits, among other things, simply took cash from the bank bag before depositing it. The thefts reportedly took place approximately over a 2 year period until last fall. The embezzlement was uncovered after vendors complained about not getting paid and an internal audit was conducted. Her actions nearly bankrupted the company, according to investigators.

Read the story here and here.

No comments: