Friday, August 25, 2006

Bookkeeper Embezzles $2.3 Million to Buy Lottery Tickets

Annie Donnelly entered a guilty plea to stealing $2.3 million from her employer, a medical practice, to buy lottery tickets over the past three years.  She was buying upwards of $6,000 worth of tickets a day, and a clerk in a story where she made her purchases is quoted as saying, "I don't think I'll ever see anyone spend that much money again."  No kidding!  It's not clear how much she won, but it's unlikely there much left if she kept embezzling from the business.  If  you can steal $2.3 million without being noticed, isn't that kind of like hitting the lottery?  Donnelly faces a prison term of at least four years, and could serve up to twelve years.  It's been said enough times, but the trusted bookkeeper is usually the soft underbelly of so many businesses hit by embezzlement. A Reuters story (here) discusses the guilty plea. (ph)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2006/08/bookkeeper_embe.html

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The White Collar Crime Prof Blog recently shared the story of Annie Donnelly who entered a guilty plea to embezzling $2.3 million from her employer, a medical practice, to buy lottery tickets over the past three years. WCCPB reports that [Read More]

Tracked on Aug 31, 2006 6:49:41 PM

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