Thursday, November 8, 2012

Ex-Nonprofit CFO Sentenced

The former Chief Financial Officer (CFO) of a nonprofit in Metairie, La., has been sentenced to two years in prison after being convicted of embezzling nearly $25,000 from the organization and a company employee.

Kelley Williams was also ordered to pay $245,386 in restitution by U.S. District Judge Martin L.C. Feldman, according to a report in The San Francisco Chronicle. The 38-year-old Williams must also serve three years of supervised release following her prison term.

Federal prosecutors charged Williams with forging the name of the nonprofit's president on checks she made payable to herself, which were then deposited into her bank account. She attempted to disguise these payments by making use of computer accounting software, prosecutors say.

While the name of Williams' former employer is not identified in court papers, it was revealed that the organization provides personal care attendants, transportation, and training to individuals with developmental disabilities.

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

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