employee theft News

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 …

Former Connecticut Software Company Manager Gets 2 Years for Taking $1.7M

A former payroll manager at a Connecticut software company has been sentenced to two years in federal prison after she acknowledged stealing $1.7 million from her job. The U.S. attorney’s office says 46-year-old Penny Roy, of Wethersfield, Conn., was sentenced …

Man Admits He Embezzled $700K from Maine Boatyard

A Massachusetts man who worked as a financial manager for a Maine boatyard has admitted to embezzling over $700,000 from the company. The Portland Press Herald reports 50-year-old Steven Nygren, of Salem, Mass., pleaded guilty to bank fraud, credit card …

Florida City Employee Steals $93K for Butt Lift, Personal Bills

A Florida city says a former employee stole money to get a butt lift. A Gainesville city report released Wednesday said Natwaina Clark stole $93,000 from the city, using $8,500 on the cosmetic surgery. The Gainesville Sun said the report …