CEO admits stealing $15 million from her company to finance clothing boutique, Plaza Hotel visits, and $200K on relative's wedding

CEO admits stealing $15 million from her company to finance clothing boutique, Plaza Hotel visits, and $200K on relative’s wedding

That’s some high-end embezzlement. The U.S. chief executive of a German saw-blade manufacturer has pleaded guilty to stealing $15 million from the company to bankroll a luxury clothing and furniture boutique she ran on the side. Donna Osowitt Steele, 52, of Taylorsville, N.C. had worked for Tigra USA since 1999, starting in the shipping department …

CEO admits stealing $15 million from her company to finance clothing boutique, Plaza Hotel visits, and $200K on relative’s wedding Read More »