Kansas bookkeeper pleads guilty to bank fraud
WICHITA, Kan. (KAKE) - A woman from Kansas pleaded guilty in connection to a scheme to defraud her former employers of millions of dollars.
According to a press release from The United States Department of Justice, Nancy Martin, 77, of Wichita pleaded guilty to one count of bank fraud and one count of aid or assist filing a false tax document.
Martin admitted to defrauding her employers Mid-Kansas Wound Specialists and Emergency Services P.A.
She worked for the businesses as a bookkeeper, business manager, and chief operating officer.
An audit revealed that from 2012 to 2017, Martin embezzled approximately $3.1 million by fraudulent obtaining money from her employers’ banks. She used funds to pay for personal expenses, travel, and investments then made false accounting entries to disguise the embezzlement as payments or transferred funds between entities.
“IRS Criminal Investigation is committed to unraveling the most complicated embezzlement and tax schemes,” said William Steenson, Assistant Special Agent in Charge, IRS Criminal Investigation. “Ms. Martin’s guilty plea shows IRS-CI’s commitment to protecting the healthcare system and all those who work tirelessly to promote the welfare for all.”