Thursday, April 15, 2010

Embezzling

Former Accounts Payable Supervisor at General Dynamics Pleads Guilty to Embezzling


April 15, 2010 - ALEXANDRIA, VA—Mary Angela Herrmann, 53, of Ashburn, Va., a former employee of General Dynamics Advance Information Systems, pled guilty late yesterday to embezzling approximately $231,000 from General Dynamics.

Neil H. MacBride, U.S. Attorney for the Eastern District of Virginia, and Shawn Henry, Assistant Director in Charge of the FBI Washington Field Office, made the announcement after the plea was accepted by United States District Judge T.S. Ellis, III. Herrmann is scheduled to be sentenced on July 9, 2010, and faces a maximum sentence of 20 years in prison, a fine of $250,000 and three years of supervised release.

According to court documents, Herrmann was the Accounts Payable Supervisor at the General Dynamics facility in Fairfax, Va. Between 2007 and 2009, on 24 occasions, Herrmann used the logins and passwords of subordinates to create fake invoices from vendors. She then altered the invoices so that the General Dynamics Costpoint system directed the company’s bank to transfer money in the amounts of the fictitious invoices to Herrmann’s personal bank account. Herrmann defrauded General Dynamics out of more than $190,000 in this manner. She defrauded General Dynamics out of an additional $40,000 by causing several General Dynamics checks to be issued to pay her credit card bills.

The case was investigated by the FBI’s Washington Field Office. The case is being prosecuted by Assistant U.S. Attorney Jack Hanly.

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