June 25, 2011

Mom Allegedly Stole $16 Million, Gave to Son

[From article]
"the mom plundered $16 million from two SoHo textile companies where she worked as a bookkeeper, prosecutors said yesterday.
[. . .]
The 66-year-old mother forged the companies' president's signature on hundreds of checks deposited into a bank account in the name of a dummy company called Tea-Rific Beverage Inc., the DA said.

The son -- who lived with wife Angela in a massive home measuring more than 10,000 square feet in Chester, NJ, before moving recently to Buford, Ga. -- is the sole signatory on the account, according to the indictment."

http://www.nypost.com/p/news/local/manhattan/mommy_and_clyde_CAvw2vREcIaP2WYPFMsiWK

Mommy and Clyde
Busted in $16M embezzle
By LAURA ITALIANO
New York Post
Last Updated: 7:39 AM, June 25, 2011
Posted: 1:53 AM, June 25, 2011

No comments: