Cash-Strapped Pennsylvania Woman Cops Plea To Embezzling $300K+; Used Money To Pay Mortgage In Foreclosure, Other Expenses, Says DA

In Norristown, Pennsylvania, The Reporter Online reports:

• Faced with a pending mortgage foreclosure and rising credit card bills, a woman embezzled more than $300,000 from the Plymouth medical supply company for which she worked. Linda Faye Smith, 46, [...] pleaded guilty in Montgomery County Court to felony charges of theft of movable property, theft by failure to make required disposition of funds received and forgery [...]. At the time of the theft, Smith's home was threatened with mortgage foreclosure, according to authorities.

• "She used the money to pay her mortgage, credit card bills, car insurance and other personal expenses," alleged Assistant District Attorney Robert Sander. [...] "This is the type of case that we're seeing more of lately, where people in positions of trust in companies violate that trust and embezzle from them," said Sander, who prosecutes economic crimes.

For more, see Woman pleads guilty to embezzlement.