Friday, December 17, 2010

Former Accountant for Colorado Company Charged With Embezzling $270K

Sinath Chhim, 30, of Aurora, Colorado, has been charged with embezzling $267,900 from The Weitz Company, a construction company based in Iowa with significant Colorado operations where she had been employed as an accountant. According to authorities, Chhim's scheme involved the forging of checks and fake vendors she created. She has been charged with one count of conspiracy to commit theft, two counts of theft, one count of conspiracy to commit forgery, 17 counts of forgery and one count of computer crime. Chhim's apparent husband, Vann Chea, 35, allegedly was involved in the scheme and has also been charged in the case with one count of conspiracy to commit theft, two counts of theft, one count of conspiracy to commit forgery and two counts of forgery.

Read the story here and here.

1 comment:

Anonymous said...

This is a sad case of what can happen when there is nobody to "lead" the employees. Any company should know you cannot lay off the entire accounting team starting with all managers and expect things to turn out well. This saddens me since I worked with her for many years.