Friday, July 8, 2011

Missouri Woman Sentenced For Embezzling $168,000

Lisa Rae Price, 43, of Herculaneum, Missouri, has been sentenced to 18 months in prison for embezzling more than $168,000 from Paradise Fiberglass Pools Inc., where she had been employed as a bookkeeper.  According to authorities, over a period of 5 1/2 years, from  January 2005 to July 2010, Price company ATM card to withdraw cash from company bank accounts for her personal use.  Price reportedly spent much of the ill-gotten gains at regional casinos.  She also spent money on personal items and personal bills.  Price allegedly attempted to commit arson in an effort to cover up the thefts.  Last April, Price pleaded guilty to one felony count of wire fraud.

Read the story here.

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