Thursday, July 26, 2012

Former Nonprofit CFO Pleads Guilty To Forgery

The former chief financial officer (CFO) of a Metairie, La. nonprofit has pleaded guilty to charges that she embezzled almost $250,000 from the organization and another official there.

Federal prosecutors accuse Kelley Williams, 38, of forging the name of the nonprofit's president on checks she made payable to herself and depositing them into her personal bank account, according to a report in The San Francisco Chronicle. She allegedly attempted to disguise the payments as legitimate expenses by using computer accounting software.

While the name of the nonprofit for which Williams worked is not disclosed, it was revealed in court records that it provides personal care attendants, transportation, education, and training to individuals with developmental disabilities.

Williams faces a maximum prison sentence of 10 years and a $250,000 fine following her guilty plea yesterday. Her sentencing is set for Nov. 7.

You can read the full report in The San Francisco Chronicle.

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