Renfrew woman pleads guilty to embezzling $1.6M
A 57-year-old Renfrew woman pleaded guilty to 11 federal fraud and false statement charges, according to the U.S. Department of Justice.
Constance Stobert was accused of embezzling at least $1,678,893 from Mechanical Operations & Consulting of Pittsburgh when she worked there as a controller from 1994 until July 2021, said Troy Rivetti, acting U.S. Attorney for the Western District of Pennsylvania in a news release Wednesday, April 19.
From January 2014 to July 2018, Rivetti said Stobert used the company’s business banking accounts and credit cards to make withdrawals at Pittsburgh and Las Vegas casinos and to pay her own credit card statements.
She also admitted to knowingly filing false tax returns for four years, 2016 to 2019, and failed to report the embezzled amount, resulting in a tax loss to the government of $545,990, according to the Department of Justice.
The law provides for a total sentence of 20 years in prison, a fine of $250,000, or both, for each of the seven wire fraud counts, and a sentence of three years in prison, a fine of $250,000, or both, for each of the four counts of filing false tax returns, the Department of Justice said in the news release.
The Federal Bureau of Investigation and the Internal Revenue Service Criminal Investigation department conducted the investigation that led to the prosecution of Stobert.
U.S. District Judge Arthur J. Schwab scheduled Stobert’s sentencing for Sept. 12.