Employee used 189 credit-card refunds to embezzle nearly $200,000 -- bankrupting packaging firm

[Demovictory9]

‘The theft was fatal’: Employee used 189 credit-card refunds to embezzle nearly $200,000 — bankrupting packaging firm



There is no such thing as a victimless crime.

The trusted controller of a family-run Pennsylvania packaging firm has been sentenced to two years in prison for stealing nearly $200,000 from the company’s coffers, sending it into bankruptcy and all its workers to the unemployment line.

Victoria Mazur, 54, of Pittsburgh, had worked for the Gateway Packaging Corp. from 2012 until 2017, during which she secretly pocketed $195,000 of company funds, federal prosecutors said.

‘What Victoria Mazur did is unforgivable. I thought I would retire from Gateway Packaging, instead at 55 years old I had to start with a new company.’ — Long-time employee Lisa Capozzi, writing in a victim’s impact statement

She managed to make off with the cash by issuing herself and her husband 189 different credit-card refunds over the years, which she steered into her bank account, prosecutors said. Mazur then provided the company’s owners with false financial statements to conceal her crime, according to court documents.

Prosecutors said the fraud was so extensive that it forced the Export, Penn. company out of business, resulting in the loss of jobs for 25 people.

https://www.msn.com/en-us/news/crime/the-theft-was-fatal-employee-used-189-credit-card-refunds-to-embezzle-nearly-200-000-bankrupting-packaging-firm/ar-AAOeodK?ocid=msedgntp

[Sherman A1]

1. Yup,

This was posted yesterday here. A sad story.

[secondwind]

2. Only two years? That in itself is a crime.

[MiniMe]

4. That was my first thought

She got off light.

[bucolic_frolic]

3. Controllers and CFO's have such power

Outside auditors are always indicated. Yearly. Every case like this involves embezzlement.