Ex-CFO Nails Contractor with $5.7 Mil. Embezzlement

Stole Millions Over 8 Years

The former CFO of a large Minnesota contractor allegedly used other executives’ signature stamps and created false ledger entries to steal more than $5.7 million. Over an eight year period, millions of dollars of embezzled funds were deposited in a bank account for a fake company she had created to receive the money.

Like so many other of these types of cases, she allegedly used the funds to purchase homes, cars, ATVs and boats.

Federal prosecutors have filed charges and she faces a long prison term if convicted.

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