South Carolina woman accused of embezzling $750K from firm
Oct. 26, 2017
CHARLESTON, S.C. (AP) — Federal prosecutors have accused a South Carolina woman of embezzling more than $750,000 over five years from a business which manages money for homeowners associations.
The Post and Courier of Charleston reports authorities say 48-year-old Donna Haynes was arraigned on Thursday on five counts of interstate wire fraud and four counts of federal tax evasion.
The indictment handed down on Oct. 12 says Haynes opened two bank accounts in her company's name and diverted checks for ancillary services into those accounts. Payments for ancillary services weren't entered into the accounting system until the checks were deposited, allowing some to be diverted without the business knowing. Prosecutors say after the checks were deposited, Haynes used the firm's signature stamp to write checks to herself.
Haynes is jailed on a $50,000 bail.
Information from: The Post and Courier, http://www.postandcourier.com