Massachusetts Woman Pleads Guilty to Stealing about $2.7M from Employer

July 12, 2018

A Massachusetts woman has pleaded guilty to stealing about $2.7 million from her former employer.

Federal prosecutors say 57-year-old Debra Mulloy, of Milford, pleaded guilty on Tuesday to aggravated identity theft and wire fraud.

Prosecutors say while overseeing the Boston company’s bookkeeping and accounting functions from 2012 through 2016, she used a company-issued credit card in the name of another employee to make about $2.4 million in unauthorized purchases of luxury items including jewelry and furs. She then resold some of those items at consignment shops.

She also had about $300,000 worth of company checks issued to her, which she primarily used to pay personal credit card bills.

Authorities did not disclose the name of the company.

Sentencing is scheduled for Oct. 9.

Topics Fraud Commercial Lines Business Insurance Massachusetts

Was this article valuable?

Here are more articles you may enjoy.

Latest Comments

  • July 13, 2018 at 12:19 pm
    Fair Playing Field says:
    Given that you're a big fan of sweeping generalizations, would you presume that the majority of these gullible companies that are allowing themselves to be defrauded by women ... read more
  • July 13, 2018 at 11:38 am
    SacFlood says:
    Patriots fans deserve no better....
  • July 12, 2018 at 2:58 pm
    Agent says:
    Wow, another woman gets caught defrauding her employer, something we are seeing more and more of. I will say the company had a heck of a credit card limit for her to be sipho... read more

Add a CommentSee All Comments (3)Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features