Embezzlement

Earlier this year, small-town treasurer Rita Crundwell was sentenced to nearly 20 years in prison for embezzling $53 million. It was a shocking case, given the size of the theft and the fact that the town, Dixon, Ill., only has 16,000 residents. But according to a stunning new report, embezzlement -- especially ...

Steffani Lariscy apparently wanted a divorce -- and breast implants and new furniture too. So, according to authorities, the former accountant with a Florida camper sales outfit allegedly stole nearly $170,000 from her employer's coffers and financed these expenditures. Lariscy, 37, was arrested Thursday and ...

ROCKFORD, Ill. -- A former city bookkeeper was sentenced to nearly 20 years in prison Thursday for embezzling more than $53 million from her Illinois community, in what ranks as one of the worst abuses of public trust in the state's corruption-rich history. Rita Crundwell, who pleaded guilty to wire fraud ...

A 91-year-old woman who pleaded guilty Thursday to stealing $201,000 from the south Alabama town where she was mayor for three decades paid hush money in a bid to keep her crimes secret, documents showed. Prosecutors said River Falls Mayor Mary Ella Hixon pleaded guilty to theft and resigned. In exchange, ...

By Jill Krasny Slacking off isn't the only way to kiss your job goodbye. Carrying around boatloads of debt can do it too, as one stockbroker learned the hard way. Lawyer and Forbes.com blogger Bill Singer writes about Joseph Tarnofsky (pictured above), who never told his bosses (or the Financial ...

By Tom Polansek and Ryan Schlader Peregrine Financial Group's former Chief Executive Russell Wasendorf Sr. pleaded guilty on Monday to embezzling more than $100 million from customers of his futures brokerage, lying to regulators to cover his tracks, and mail fraud. Previously expected to be set free ...

Some people just don't learn the lesson the first time. A pension manager in Maynard, Mass., faces felony theft charges for the second time in just months. On Tuesday, Timothy McDaid (pictured, left) was charged with stealing $521,000 from the town's retirement fund -- a mere eight months after he pleaded ...

There are few stories more heart-wrenching than those in which workers take advantage of vulnerable senior citizens. But the case involving 86-year-old Renee Fuld is particularly egregious because the New York City woman also is disabled. Fuld's aide, Jackie Pokuwaah, 52, was arrested last year for allegedly ...

DIXON, Ill. -- The former financial officer for the small northern Illinois city of Dixon stole millions of dollars more than originally thought, federal prosecutors said Tuesday as they announced plans to try to seize Rita Crundwell's trucks, boats, horses and even theunborn foals she owns. A federal grand ...