theft

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 »

News

Jobless man visits police station to lodge theft complaint, ‘steals’ Rs16,000 from another man’s bag

The accused, police said, allegedly stole the money when he was told to wait by a officer, who told Bose that he would furnish a list of documents that he needed to attach to his complaint. Kolkata:  A 31-year-old man who had gone to a police station to lodge a cyber theft complaint, allegedly himself …

Jobless man visits police station to lodge theft complaint, ‘steals’ Rs16,000 from another man’s bag Read More »

Walgreens shutting five San Francisco locations due to organized retail crime

Walgreens shutting five San Francisco locations due to organized retail crime

Walgreens Boots Alliance Inc. has announced that it will close five Walgreens stores in San Francisco in response to the rise in organized retail crime. Walgreens says it will move prescriptions and workers from the shuttered stores to nearby locations. Prescriptions will go to stores within a one-mile radius. “Retail theft across our San Francisco …

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

‘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 …

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

My aunt stole my mother’s Social Security, and persuaded my elderly father to sign over power of attorney

Dear Moneyist, My mother’s sister is using my mother’s Social Security Number to avoid having to pay the Internal Revenue Service back taxes she owes. My aunt owes the IRS a bunch of money and believes the IRS would take it if it were in her name. She is currently receiving money under my deceased …

My aunt stole my mother’s Social Security, and persuaded my elderly father to sign over power of attorney Read More »