A 73-year-old Massachusetts woman has pleaded guilty to stealing over $1.3 million from her employer. Susan Figuerido of Falmouth, who worked as a bookkeeper for a local flooring company, admitted to charges of wire fraud and filing a false tax return in U.S. District Court.
Figuerido’s scheme, which spanned nearly eight years, involved writing checks to herself from her employer’s account and then concealing the transactions by omitting them from the company’s accounting system.
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This allowed her to siphon off over $1.3 million without detection. To add insult to injury, Figuerido also failed to report this illicit income on her tax returns, resulting in a tax loss of approximately $353,000.
Figuerido now faces a potential sentence of up to 20 years in prison for the wire fraud charge and up to three years for filing a false tax return. She is scheduled to be sentenced on January 15, 2025.
The case was investigated by the FBI and the IRS, with assistance from the Falmouth Police Department. Assistant U.S. Attorney Kristen A. Kearney is prosecuting the case.
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