Former Municipal Librarian In New York Sentenced For Embezzling $163K

Margo Reed, 54, of Yonkers, New York, has been sentenced to six months in jail for embezzling more than $163,000 from three public library branches in Yonkers where she had worked.  According to authorities, over a period of about 6 1/2 years, from July 7, 2004, to Dec. 7, 2010, Reed misappropriated library fine payments.  Reed pleaded guilty last February to felony charges of grand larceny and filing false tax returns.  Reed has blamed her actions in part to a gambling addiction. 

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