Wednesday, March 16, 2011

Alabama Couple Sentenced For $120K Embezzlement Scheme

Charles Allen Elliott, 38, and Carol Ann Elliott, 43, of Etowah County, Alabama, were each sentenced to 18 months in prison for embezzled some $120,000 from DWP Construction where Charles Elliott worked as an IT consultant and Carol Elliott as a bookkeeper. The Elliotts pleaded guilty last December to charges of forgery and computer fraud in connection with an embezzlement scheme that spanned about 2 1/2 years, from June 2006 to January 2009. During that time, Carol Elliott forged company checks which they used for personal expenses. It was also alleged that Charles Elliott, in his capacity as IT consultant setting up the company network, provided Carol Elliott with user names and passwords for the business owners so she could monitor their activities and determine whether they had become suspicious of her fraudulent activities. The couple was also ordered to pay restitution of $133,000.

Read the story here and here.

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