U.S. Attorney's Office: Downingtown woman charged in embezzlement scheme




In accordance with the Info, an accusation, defendant Kimberly O’Toole, forty nine, of Downingtown, allegedly engaged in an embezzlement scheme from 2012 to 2013 through which she stole roughly $194,194 from her employer, Miwon North America, often known as Miwon. She was charged on Friday with 4 counts of wire fraud, introduced Appearing United States Lawyer Louis D. Lappen.

O’Toole’s husband was the president and common supervisor at Miwon and O’Toole had accounting and bookkeeping duties on the firm. In that position, O’Toole reportedly opened a fraudulent checking account within the firm’s identify that solely she knew about and managed, based on the U.S. Lawyer’s Workplace.

Lappen introduced the next: O’Toole then reportedly intercepted checks paid to Miwon by its clients, and deposited these checks into the sham checking account that she managed. She later withdrew the funds she allegedly embezzled for her personal private use, together with to make mortgage funds for her private residence in Downingtown and to pay her cable invoice.

When Miwon officers detected her fraud, O’Toole reportedly tried to cowl-up the fraud by accessing the e-mail account of a co-employee, with out their information or permission, in an effort to deceive firm officers as to the reality about her embezzlement scheme.

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Lappen introduced that in that very same time interval, O’Toole, who additionally had HR duties at Miwon with had entry to the corporate’s staff’ personnel information, allegedly stole the id of a co-employee. Utilizing the stolen id, O’Toole reportedly took out three fraudulent Wells Fargo school loans on behalf of two of her youngsters, who attended The Pennsylvania State College and North Carolina State College-Raleigh. This separate scheme was accomplished with out the information or consent of the sufferer. Based on the U.S. Lawyer’s Workplace, the fraudulent loans O’Toole obtained utilizing the sufferer’s stolen id totaled roughly $104,500.

If convicted, she faces a most statutory sentence of eighty years of incarceration, a fantastic of as much as $1 million, three years of supervised launch and a $four hundred particular evaluation.

The case was investigated by the FBI and the U.S. Postal Inspection Service. It’s being prosecuted by Assistant U.S. Lawyer James Petkun.



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