Angie Cambre, Embezzlement, Louisiana 2016

Embezzlement Scheme Unfolds: Laplace Woman Accused of Stealing $940,000 from Employer

A shocking tale of deceit and financial mismanagement has come to light with the guilty plea of Angie Cambre, a 43-year-old Laplace woman. Charged with one count of wire fraud, Cambre admitted to embezzling a staggering $940,336.24 from her employer, a commercial printing company based in New Orleans.

According to court documents, Cambre was hired as the accountant and bookkeeper for the company in August 2011. However, between November 2011 and June 2016, she secretly siphoned funds from the company's bank accounts, making approximately 3,300 individual transactions without her employer's knowledge or authorization.

The embezzled funds were used to repay debts related to Cambre's personal use, with the money being transferred to accounts under her control. The extent of the scheme was only revealed after a thorough investigation by the United States Secret Service.

Cambre faces a maximum term of imprisonment of not more than 20 years, followed by up to 3 years of supervised release, and a $250,000 fine. As part of her plea, she has agreed to repay her former employer $940,336.24 in restitution.

U.S. District Judge Sarah S. Vance has scheduled sentencing for December 13, 2017. The United States Secret Service is credited with uncovering the complex web of deceit, with Assistant United States Attorney Jordan Ginsberg leading the prosecution.

The case serves as a stark reminder of the devastating consequences of embezzlement, which can have far-reaching effects on innocent parties. The Grimy Times will continue to monitor this developing story and provide updates as more information becomes available.

Defendant: Angie Cambre

Criminal Charge: Wire Fraud

City and State: Laplace, Louisiana

Date: 2017-12-13 (sentencing)

Sentence: Up to 20 years imprisonment, $250,000 fine, and $940,336.24 restitution

Dollar Amount: $940,336.24

Source: https://www.justice.gov/usao-edla/pr/laplace-woman-pleads-guilty-embezzling-over-940000-employer