employee theft News

Erie City Council President Indicted on Theft From Nonprofit

A grand jury has indicted the Erie, Penn., city council president on allegations she stole more than $70,000 over seven years from an anti-violence nonprofit she runs. The U.S. Attorney’s office for the Western District of Pennsylvania announced the 33-count …

Assisted Living Facility Staffer Accused of Stealing Funds in New Jersey

Federal prosecutors say the business manager of an assisted living facility stole about $237,000 from an elderly victim under her care. Marcella Drakeford faces six counts of mail fraud. Prosecutors say that beginning in December 2016, Drakeford agreed to help …

Woman Pleads Guilty to Embezzling $1.1M from Connecticut Car Dealership

A former employee of a luxury Connecticut car dealership has pleaded guilty to stealing more than $1 million from the business. Federal prosecutors say 50-year-old Vanessa Vence-Small, of New Windsor, New York, waived indictment and pleaded guilty to wire fraud. …

Cargill Accountant in New York Sentenced to Five Years for $3.1M Theft

An accountant who admitted to stealing $3.1 million from agribusiness giant Cargill, Inc. has been sentenced to five years in prison. Diane Backis was sentenced Tuesday in federal court in Albany to mail fraud and filing a false income tax …

Mass. Nanny Gets 15 Months for Stealing More Than $100K from Employer

A Massachusetts nanny who stole more than $100,000 from her employers has been sentenced to 15 months in federal prison. Prosecutors say 36-year-old Stacy Fortunato was also sentenced Tuesday to three years of probation and ordered to pay full restitution. …

Virginia Man Who Stole $19M from IT Firm Sentenced to 6 Years in Prison

A corporate controller who stole more than $19 million from the information technology firm that employed him has been sentenced to 6 1/2 years in prison. Forty-eight-year-old Jon Frank of Nokesville, Virginia, pleaded guilty to wire fraud earlier this year. …

Employee Embezzlement Schemes Often Carried Out Over Years

Nearly 25 percent of employee thefts involve large-scale losses of more than $1 million and 29 percent are carried out over five or more years. According to a study on embezzlement by specialist insurer Hiscox, high-loss cases often result from …

Woman Who Stole $3M from Employer’s New Jersey Facility Sentenced

A Tennessee woman accused of stealing $3 million from a trucking company’s New Jersey facility has been sentenced. Fifty-five-year-old Tracey Perrigan, of Sparta, was sentenced to 33 months in prison Monday. Perrigan had previously pleaded guilty to wire fraud. Prosecutors …

Connecticut Woman Gets Prison Time for Stealing $250K from Employer

A Connecticut woman who stole more than $250,000 from her Massachusetts employer even as he struggled with dementia and cancer has been sentenced to nearly two years in prison. Angela Craig was sentenced Tuesday in U.S. District Court in Springfield …

Ex-Executive in Maryland Sentenced for Stealing $4.5M from Firm

A former executive for a national construction company who, federal prosecutors say, stole $4.5 million from her employer and spent it on expensive cars and restaurant meals has been sentenced. Forty-six-year-old Wendy Collins pleaded guilty to wire fraud. She was …