June 14, 2020 07:14 AM
PHELPS, N.Y. (WHEC) -- An Ontario County woman was indicted Tuesday on federal charges after allegedly embezzling hundreds of thousands of dollars from her employer.
Karen Owens, 54, of Phelps, NY, was indicted on charges of wire fraud and bank fraud.
Owens was employed by Finger Lakes Conveyors, Inc.(FLC) as its director of finance from 2003 to 2017.
According to prosecutors, during her employment, Owens embezzled over $750,000 in funds from FLC's bank account by writing 550 unauthorized checks to herself in order to pay off her and her husband's credit cards.
In an effort to conceal the unauthorized checks, prosecutors say Owens would falsely record them in the business ledger as payments to FLC's vendors.
If convicted, Owens faces a maximum penalty of 20 years in prison and a $250,000 fine.
Updated: June 14, 2020 07:14 AM
Created: June 11, 2019 07:29 PM
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