Tuesday, June 9, 2009

Californian Charged In $820K Embezzlement Scheme

David J. Hillman, 30, of Aurora, Colorado, has been indicted for conspiring with his then girlfriend, Hillary Shaffer, xx, of Parker, Colorado, to embezzle $819,578 from Great-West Life & Annuity Insurance Co. According to prosecutors, Shaffer, who was an employee of the insurance company, secretly obtained and used the computer-access code of a co-worker to direct annuity payments from Great-West into bank accounts she and Hillman had signature authority. Shaffer previously plead guilty to embezzlement charges and was sentenced to 22 months in prison, plus restitution. Shaffer's thefts allegedly occurred between September 2001 and August 2005. The indictment against Hillman alleges that he helped launder and spend much of what was stolen by Shaffer.

Read the story here and here.

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