Lake Mary Woman Sentenced To Federal Prison For Stealing More Than $470,000 | USAO-MDFL

Orlando, Florida – U.S. District Judge Carlos E. Mendoza has sentenced Kathryn Smith (58, Lake Mary) to 12 months and 1 day in federal prison for wire fraud. In addition, Smith was ordered to pay $472,765.95 in restitution.

Smith had pleaded guilty on July 7, 2020.

According to court documents, Smith worked at a title insurance company.  From December 2012 to May 2019, she embezzled $472,765.95 from the company. Smith stole the funds by using her access to the title insurer’s bank accounts to transfer funds into accounts for which she had control. She also wrote checks to herself without authorization. In addition, Smith used funds from the title insurer to pay her personal credit card bills, insurance for her adult child, and other miscellaneous personal expenses.         

This case was investigated by the Federal Bureau of Investigation. It was prosecuted by Assistant United States Attorneys Amanda Daniels and Roger B. Handberg.

Source link

Author: Editor
The website is owned by STL.News, LLC. However, the website is hosted, designed, and maintained by WebTech Group, a web host, and design agency based in St. Louis, Missouri. USDOJ.Today focuses on aggregating content from the US Attorney's Offices around the country. STL.News uses this content to publish national news at https://STL.News