Sunday, October 14, 2012

Former Coeur d'Alene Bookeeper Admits to Embezzling $365,000

Posted By on Sun, Oct 14, 2012 at 12:00 PM

A former employee of the City of Coeur d'Alene has admitted to embezzling $365,000.

The Coeur d'Alene Press reports that 52-year-old Sheryl Lynn Carroll pleaded guilty Oct. 12 to six counts of wire fraud, and told a courtroom that she "abused a position of public trust" when she served as an employee in the city's finance department.

Carroll faces up to 20 years in prison and $250,000 in fines for each count.

Prosecutors said Caroll stole $365,000 through 120 fraudulent transfers from 2007 to 2012, when she served as a payroll coordinator for Coeur d'Alene. Prosecutors said she fraudulently recorded transfers of payment to vendors when in fact she was sending the wire transfers to her own bank account.

Long before Carroll was employed by the City of Coeur d'Alene, the Press reports that she had been convicted of first degree theft in 1983 and ordered to pay nearly $9,000 in restitution to a Bend, Ore., real estate company. But Coeur d'Alene administrators said they were not aware of her past when they hired her.

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