White Collar Crime Prof Blog: 'Tis the Season for Embezzlement'
The White Collar Crime Prof Blog continues to report on breaking embezzlement cases. The latest involves a woman, Anna Anderson, who entered a guilty plea to wire fraud charges related to embezzling almost $900,000 from a lobbying firm. Anderson wired funds from the firm's bank account into an account she opened at a Virginia bank, and then transferred some of the money into her fiance's account. The couple used the funds for a variety of luxury purchases, including cars, jewelry, clothing and parties.
As Professor Henning notes, what makes this case interesting is that Anderson was convicted of embezzlement in Virginia just one year before she started working for the lobbying firm in 2004. She was placed on six years probation for that offense, and of course was still on probation when the lobbying firm hired her as its bookkeeper. Anyone believe in background checks?
See the full post here.