Wednesday, August 31, 2011

SF Giants Payroll Manager Woman Arrested for $1.5 Million Embezzlement

There's been yet another crazy female embezzlement story much like those I've been reporting on over the past few months.  I've been posting for quite some time about an epidemic of middle aged women who've been siphoning hundreds of thousands of dollars from their employers into their personal bank accounts.  According to Marquet International, authors of the Fraud Talk Blog that specializes in monitoring fraud trends, this epidemic is based primarily in greed.

Robin O'Connor, 41, who had an $80,000 salary as a payroll manager, is facing federal charges of wire fraud being accused of a $1.5 million swindle from the San Francisco Giants baseball team.
"Giants' management confronted O'Connor on July 6, in the team's China Basin offices, where she admitted diverting $608,562 to her personal accounts without authorization, and to forging the letter to the bank seeking a loan to buy a home in San Diego, according to the court affidavit. She was dismissed that day. She also agreed to return the amount she confessed to have stolen, and the money was wired back to the team, the affidavit said.
The Giants then conducted further reviews and found additional suspicious deposits into O'Connor's accounts - money that allegedly was intended for nine different Giants' employees, according to the affidavit. In all, the amount that had been misdirected to O'Connor's accounts totaled $1,513,836.28, the affidavit stated. She sometimes worked on a team-issued laptop from her home in American Canyon." SF Giants Payroll Manager Accused of Embezzlement -

A front office employee of the San Francisco Giants has been arrested on Federal charges, accused of embezzling more than a million dollars from player accounts.

"Here's how the scheme unraveled. Last month, O'Connor applied for a loan to buy a house in San Diego. The affidavit says she forged a letter from the Giants' HR manager, explaining large deposits into O'Connor's account 'Because of her outstanding contributions ... that assisted us in accomplishing our goal of winning the 2010 World Series, she was given two additional payments of compensation in May 2011. $100,090.71 and $200,348.89.'
When the lender, Bank of America, sent a copy of the letter to the Giants for confirmation, it was over." - Giants Payroll Manager Charged With Embezzling Player Money -

Here's Robin's Facebook page job description:
"My roles over the years have involved daily contact with several departments within a company. I am extremely knowledgeable in the payroll tax area, and I have acted as a liaison with Local, State and Federal Governments and other external agencies to provide any required information as well as resolving any problems (e.g., such as paying back the hundreds of thousands she stole into her personal bank accounts?).  I have numerous years of experience managing staff, interviewing, hiring and training personnel as necessary."
For the latest hot off the press embezzlement cases, visit Fraud Talk Blog

Other related posts:

Surprise!  U.S. Politicians Embezzled Americans Social Security Funds to Supplement Tax Cuts for Wealthy - August 22, 2011

Those Who Couldn't Wait To Win The Lotto - Part 6 - April 22, 2011

Those Who Couldn't Wait To Win The Lotto - Part 5 - March 4, 2011

Those Who Couldn't Wait To Win the Lotto - Part 4 -  February 7, 2011