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Tuesday, March 4, 2014

Ex-employee sentenced for embezzling $350K from Lake Forest Park Water District

From our news partner The Seattle Times:

The former office manager of the Lake Forest Park Water District was sentenced Tuesday to 27 months in prison for embezzling more that $350,000 and using it to purchase personal items and pay college tuition for her children, according to the U.S. Attorney’s Office in Seattle. 
In addition to the prison time, Jackee Bormann-Zweekhorst, 41, was ordered to pay $404,000 in restitution, which includes more than $56,000 spent investigating the theft.

Bormann-Zweekhorst pleaded guilty in September to wire fraud after she admitted she embezzled the money from the utility, which serves about 900 customers in North King County and has an annual budget of about $600,000.

According to the federal indictment, Bormann-Zweekhorst used a variety of schemes between 2004 and 2011 to embezzle the money. She used the water-district credit card for personal expenses, including college tuition for her child, hot-tub parts and service, boating and automotive equipment, and fishing gear.

The complete story here

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