Kohn Smith Roth
Call for consultation 24/7 Availability
Steve's Cell: 414-807-1006 John's Cell: 414-807-1044 Susan's Cell: 414-698-2600
Call Today: 414-273-0203

Wisconsin woman charged with embezzlement

A 49-year-old northern Wisconsin woman was charged with embezzling more than $700,000 from the company she worked for. The embezzlement charges span several years while she worked as the chief financial officer for a company in Cable. The company was responsible for managing two condominium development projects and a resort. The woman has also been charged with filing false tax returns.

After performing accounting duties for Lakewoods Inc. for 14 years, the woman has been accused of altering company invoices and checks between 2006 and 2012. She was also charged with underreporting her income to the IRS during the years 2007, 2008, 2009, 2010 and 2011. According to court documents, the plaintiff has claimed that the accused used part of the money that she stole to finance vacations and gambling.

On being accused of embezzlement, the woman was indicted in a federal court in Madison. She was charged with one count of wire fraud and one count of mail fraud. The woman was also charged with five counts of filing false income tax returns. She could face a maximum of 30 years in prison for each fraud charge and three years in prison for each tax charge.

If she receives the maximum sentence for all of her charges, the woman could spend the remainder of her life behind bars. While facing such harsh penalties, those accused of white-collar crimes have the option of seeking the help of an experienced attorney. The attorney may evaluate the case and help the accused to understand the various options that they have. If the accused person wishes to plead innocent, an attorney may help to gather witnesses and evidence to present in court.

Source: Madison.com, "Northern Wisconsin woman indicted for fraud, allegedly gambled, took trips", Bill Novak, September 18, 2013

No Comments

Leave a comment
Comment Information

Office Location

Kohn Smith Roth
1110 N Old World 3rd St Suite 620
Milwaukee, WI 53203

Phone: 414-273-0203
Phone: 414-698-2600
Fax: 414-273-8408
Milwaukee Law Office Map

Map

map