Sunday, June 19, 2011

New Jersey Woman Indicted For Allegedly Embezzling $421K From Record Company

Sharanda Houser, 35, of Somerset, New Jersey, has been indicted on charges she allegedly embezzled about $421,000 from New York City-based Roadrunner Records where she had been employed as a payroll manager.  According to prosecutors, Houser made fraudulent reimbursements in the payroll system and electronically transferred the funds at least 130 times to her own account over a period of six years.  Houser has been indicted on New York state charges of Grand Larceny in the Second Degree and Falsifying Business Records in the First Degree, both felonies.  Media reports indicate Houser was previously convicted of embezzling $13,000 from an employer in Virginia in 1999.  Houser has plead not guilty to the charges.  Roadrunner has handled many famous bands and musicians, including The Steve Miller Band, Megadeth and others.

Read the story here and here.

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