Monday, February 7, 2011

People Who Couldn't Wait to Win the Lotto - Part 3

This post is a continuation of a multi-part series on employee embezzlement of employers as listed on the Fraud Talk blog. As usual, most of these stories are about women.  For those without photos, it's only because none are yet available. 


It's so sad to see such a relatively young woman has ruined her future as disclosed in the following fraud story. 


Louisiana Bank Employee Charged with Embezzling $280K From Elderly Customer Accounts

Brandy Rogers, 31, of New Iberia, Louisiana, has been arrested and charged with embezzling some $280,000 from elderly customer accounts at Teche Federal Bank where she had been employed as a customer service representative. Rogers allegedly siphoned monies from customer accounts over a period of several months. She has been charged with unauthorized use of an access card for theft, identity theft, theft of assets of an aged person, bank fraud, forgery, computer fraud and money laundering.


Read the story here and here.


Bookkeeper In North Carolina Arrested for Allegedly Embezzling $145K


Connie Lynn Reeves, 47, of Wake Forest, North Carolina, has been arrested for allegedly embezzling 145,247.62 from Access Medical Development, where she had been employed as a bookkeeper. According to authorities, Reeves' scheme spanned nearly two years from January 2007 through September 2008. The nature of the scheme has not been disclosed. She had been employed by the firm for nearly 6 years.


Read the story here.




Illinois Woman Charged With Embezzling $1.5 Million; Gambles It Away

Julie Nowaczyk, 50, of the Chicago, Illinois neighborhood of Ashburn, has been charged with embezzling some $1.5 million from ENR General Machining Co. where she had been employed as a bookkeeper. According to prosecutors, Nowaczyk's thefts spanned a four and a half year period, having been discovered last July only after the business owners hired a banker to look into why the company inexplicably was losing money. She allegedly issued herself more than 300 checks from the company which she logged as either vendor payments or petty cash, since 2006. The business was forced to make layoffs and was nearly placed into bankruptcy as a result of the embezzlement. Meanwhile, Nowaczyk was gambling the illicit proceeds away at high-end slot machines in nearby casinos in Indiana. She was confronted and has reportedly admitted to the scheme. Nowaczyk had been employed by the company for some 12 years.

Read the story herehere and here.

Former Municipal Bookkeeper In New York Charged With
Embezzling More Than $350K


Pegeen Mulligan-Moore, 40, of Valatie, New York, has been charged with embezzling more than $350,000 from the towns of Kinderhook and Greenport, New York, where she had been employed as a bookkeeper. Last September, Mulligan-Moore was charged with 18 felonies and two misdemeanors, which includes two counts each of felony second- and third-degree grand larceny and one count of fourth-degree grand larceny; two counts of computer trespass; two counts of first-degree tampering with public records; eight counts of first-degree falsifying business records; and second-degree attempted forgery—all felonies—and misdemeanor counts of obstructing governmental administration and criminal possession of stolen property. Prosecutors allege that Mulligan-Moore's schemes spanned a three year period from December 2006 until the end of December 2009. She is alleged to have embezzled more than $287,000 from Kinderhook and approximately $53,000 from Greenport by depositing checks intended for the municipalities into her own accounts and paying her credit card bills online with municipal funds.

Read the story here and here.


Chicago Woman Charged With Bilking $290K From Non-Profit

Christina Madej, 58, of Chicago, Illinois, has been charged with embezzling nearly $290,000 from the Chicago Engineers’ Foundation, a non-profit that provides scholarships to area students, for which she had served as its director. According to authorities, Madej wrote checks to herself from foundation accounts. The foundation is affiliated with the Union League Club of Chicago. According to public records, Madej filed for personal bankruptcy in 2005, listing $85,000 in debts.

Read the story herehere and here.

Bank Manager Pleads guilty to Embezzling $6.2 Million

Susan A. Curtis, 49, of Naugatuck, Connecticut, pleaded guilty yesterday to charges she embezzled some $6.2 million from Webster Bank and Bank of America, where she had been employed as a manager negotiating and managing bank property leases. According to authorities, Curtis and her now ex-husband, Kevin W. Caffrey, 45, of Wolcott, Connecticut, set up to companies, New House, LLC andEquity Realty, LLC, which then submitted fraudulent invoices for payment of fees in at least 109 real estate transactions she oversaw. The scheme reportedly spanned at least 6 years from May 2000 until May 2006. Specifically, Curtis plead guilty to two counts of bank fraud and four counts of filing false tax returns. Kevin Caffrey pleaded guilty to one count of bank fraud and one count of filing a false tax return and is awaiting sentencing. Curtis' current husband, Gary J. Stocking Jr., 43, of Naugatuck, was also indicted for his allegedly involvement in the scheme.

Read the story hereherehere and here


New York Man Accused of Embezzling $400+K From Credit Union


Jason J. LaPierre, 35, of Kingsbury, New York, has been accused of embezzling at least $406,000 from the Hudson River Community Credit Union where he had been employed as a marketing specialist. According to authorities, LaPierre wrote numerous false and duplicate checks from the banks accounts which he deposited into his accounts at several other banks. Police investigators allege that LaPierre's scheme spanned nearly five years from 2006 until December 2010. LaPierre also serves as the pastor at the River Church. He has pleaded not guilty to the charges.

Read the story here and here.

Independent Securities Broker Sentenced to 4 Years Prison Term for Embezzling $1.7 million
 
Gregory J. Buchholz, 45, of Bridgewater, Connecticut, was sentenced to 4 years in prison for embezzling some $1.7 million from client accounts of his while working as an independent securities broker operating a branch office of Raymond James Financial Services, Inc. in Southbury, Connecticut. According to prosecutors, Buchholz misappropriated client checks by forging them or convincing them to sign them over to him to invest. Instead, Buchholz took the funds for his own purposes. Buchholz' scheme spanned nearly 10 years, beginning in 2001. 

Read the story here and here.

Read the DOJ announcement here.



Bookkeeper Charged With Allegedly Embezzling $100K 
Kisha Deaton Sain, 32, of Maiden, North Carolina, has been charged with embezzling more than $100,000 from Carolina Comfort Systems, LLC where she had been employed as a bookkeeper. The alleged thefts occurred over a six year period between 2003 and 2009. Research suggests that Sain and her husband, Daniel Sain, are into the pageantry scene, apparently for their two young daughters.

Read the story here.


Executive VP Plea Bargains for 6 1/2 Year Prison Term for Embezzling $3 million

Jerry F. Wells, Jr. 47, of Columbia, South Carolina, reportedly made a plea agreement with prosecutors that he would serve 6 1/2 years in prison for embezzling nearly $3 million from publicly traded UCI Medical Affiliates, Inc. and another $40,000 from an unidentified company. According to reports, Wells was executive vice president and chief financial officer of UCI's Doctors Care medical clinics until December 2008, when the embezzlement scheme was discovered. An SEC complaint alleges that the thefts began in 2003 and continued until he was fired from the company. Prosecutors charged that Wells embezzled the $40,000 from a company while he was out on bail pending the UCI case. Wells is scheduled to be sentenced on March 3, 2011. The SEC enjoined Wells from practicing accounting.

Read the story herehere and here.