Katherine Stephens, 32, of Hamilton Township, Ohio, has been indicted for allegedly embezzling some $550,000 from Columbus Serum Co. for whom she had been employed as an accounts-receivable clerk. According to prosecutors, Stephens misappropriated the funds through unauthorized use of company credit and debit card accounts for her own benefit over a nearly eight year period from December 2001 to February 2009. She has been charged with felony theft and tampering with records. Arraignment is set in two weeks and she faces up to 13 years in prison if convicted on all charges.
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