York County woman pleads guilty to embezzling $1.7 million from Charlotte employer: DOJ

CHARLOTTE, N.C. (QUEEN CITY NEWS) – A York County woman pleaded guilty Friday to embezzling more than $1.7 million from her employer.

Kristin Turney, 54, of Catawba, South Carolina, executed a scheme to defraud her employer, a Charlotte-based company, between 2016 and 2023, according to court documents obtained from the U.S. Attorney’s Office. financial matters, including bank accounts, payroll, accounts payable and receivable, and tax returns.

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Turney caused at least 1,000 fraudulent and unauthorized deposits totaling more than $1.7 million from the victim company’s bank account to its account, court officials said. He then covered up the fraud by, among other things, making false accounting entries in the company’s books and records, providing false information to the person who prepared the company’s tax return, and providing false information to the company’s owner and employees.

Turney often spent this money to pay for hundreds of thousands of dollars in personal expenses, such as shopping trips, car payments, mortgage payments, tuition payments and vacation expenses.

The wire fraud charge carries a maximum penalty of 20 years in prison and a $250,000 fine.

Assistant U.S. Attorney Caryn Finley of the U.S. Attorney’s Office in Charlotte is prosecuting the case.

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