Monday, May 30, 2016

Former Finance Director at U Miami Pleads Guilty in $2.3 Million Embezzlement Scheme

From the Associated Press on 5/29/2016:

A former finance director at a University of Miami science school faces prison time after pleading guilty to tax evasion in a $2.3 million embezzlement scheme.

Sentencing is set for August in Miami federal court for 58-year-old Kimberly Jean Miller, who faces up to five years behind bars on each of four tax evasion counts.

Miller was finance director at the university's Rosensteil School of Marine and Atmospheric Science from 2002 to 2012. Court documents show she used her authority to embezzle $2.3 million by falsifying vendor invoices so that checks could be deposited in a business bank account she controlled.

Prosecutors say Miller did not report the money on income tax returns between 2008 and 2011 and now owes the Internal Revenue Service more than $329,000 in back taxes.

Read more here: http://www.bradenton.com/news/state/florida/article80654232.html#storylink=cpy

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