Tuesday, April 30, 2013

Maryland Woman Charged With Embezzling $453K; Buys House In Ghana

From the Associated Press on 4/29/13:


Woman charged with embezzling $453K from employer; allegedly use money to buy house in Africa

GREENBELT, Maryland — A Landover woman has been indicted on charges of embezzling more than $453,000 from her employer and using the money to buy a house in Africa, expensive electronics and jewelry.

A federal grand jury in Greenbelt indicted 40-year-old Mercy Coffie-Joseph on Monday. She is charged with wire fraud, money laundering and identity theft.

According to the 10-count indictment, Coffie-Joseph worked at Systems Assessment & Research Inc. and had the authority to make electronic payments on the firm's behalf.

Prosecutors say Coffie-Joseph transferred money from her employer's account to her own. Authorities say she bought a house in Ghana.

Prosecutors says items seized in a raid on Coffie-Joseph's home include a video camera worth about $10,000; a Gucci handbag worth about $885, diamond earrings and necklace and a Movado watch

No comments: