A Pennsylvania girl has stolen greater than $1.1 million from 4 completely different employers whereas holding govt monetary roles at each.
Clairton resident and 58-year-old Tracey Smith has pleaded responsible to 4 counts of financial institution fraud after stealing cash from 4 employers whereas serving in an govt place, stories TribLIVE.
In a 2020 lawsuit, Smith was accused of stealing tens of 1000’s from two corporations whereas serving as chief monetary officer. Because the case was nonetheless pending, Smith was employed in June 2022 by a Pittsburgh engineering agency as a comptroller and had entry to the corporate’s payroll.
Authorities say Smith abused her place and used two firm bank cards to fund her private bills to the tune of $51,520. Smith additionally reimbursed herself for firm bills amounting to $188,123 and used firm checks to overpay herself $426,659.
In February 2023, Smith was sentenced to fifteen months behind bars and was ordered to pay $113,000 in restitution for defrauding the primary two corporations. In April of the identical yr, Smith was required to report back to the Federal Bureau of Prisons and advised the Pittsburgh engineering agency that she was leaving to “deal with her sick aunt.”
Just a few months after her launch in February 2024, she was employed by one other Pittsburgh agency as a monetary controller, the place she cast checks to herself and to petty money, finally resulting in $498,653 in losses.
Says the federal government,
“The monetary and emotional impression of those most up-to-date embezzlements to the final two respective firm homeowners is saddening: deep monetary troubles, worker layoffs, credit score points, private well being issues and the breach of belief to the employers. For smaller corporations such because the final two victims, recovering from these staggering monetary losses will depart everlasting scars.”
Smith will now serve 76 months in federal jail and was ordered to pay $1.17 million in restitution.
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