Latest Legal News from the Criminal Courts of Los Angeles, California and the U.S.

January 11, 2007

WOMAN CHARGED WITH EMBEZZLING OVER $200,000 FROM TRACY CHARITABLE FOUNDATION

SACRAMENTO--United States Attorney McGregor W. Scott announced today that a federal grand jury returned a ten count Indictment charging DIANE B. GLAZIER, 44, of Tracy, California, with embezzling over $200,000 from the Tracy Hospital Foundation, a charitable foundation which funds health, safety and nutrition programs in the Tracy area.

According to Assistant United States Attorney Benjamin B. Wagner, who is prosecuting the case, GLAZIER, who worked for the Tracy Hospital Foundation as a staff accountant and executive assistant between the mid 1990s and 2005, is charged in the Indictment with using THF American Express credit cards to make numerous personal expenditures between 1999 and 2005. The unauthorized purchases included computers, televisions and other electronics, furniture, cable service, groceries, Las Vegas vacations for herself and family members, and restaurant meals, hotel rooms and rental cars in several states. The Indictment alleges that GLAZIER concealed the scheme through various means, including the use of blank THF checks signed by the THF Director to pay the credit card bills, and by making false entries in THF books and records to make it appear that the funds used to make large payments to American Express had been used for legitimate charitable grants.

The charges in the Indictment consist of seven counts of mail fraud relating to the embezzlement scheme, and three counts of computer fraud relating to her manipulation of the books and records of the Tracy Hospital Foundation to conceal the scheme. Each of the mail fraud counts carries a maximum possible sentence of 20 years in prison and a $250,000 fine, and each of the computer fraud counts carries a maximum of 5 years in prison and a $250,000 fine. However, the actual sentence will be determined at the discretion of the court after consideration of the Federal Sentencing Guidelines, which take into account a number of variables, and any applicable statutory sentencing factors. The Indictment also seeks forfeiture of various items purchased with funds alleged to have been embezzled by GLAZIER, including computers, televisions, and a gold wedding ring.

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CALIFORNIA CRIMINAL DEFENSE LAWYER

JOSEPH SHEMARIA

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Latest Legal News from the Criminal Courts of Los Angeles, California and the U.S.