Brandy Okey, Embezzlement, Oklahoma 2018

Greedy Broken Arrow Woman Embezzles $654,579

A Broken Arrow woman has been convicted of embezzling $654,579 from her employer, the Tulsa County Public Facilities Authority (TCPFA).

Brandy Okey, 40, pleaded guilty to wire fraud and to signing a false tax return on an unknown date in December 2015 to September 2018. In her written plea agreement, Okey admitted that she carried out a scheme in which she embezzled funds while employed with the TCPFA and later failed to report illegally obtained funds on a tax return.

Okey used her position of trust to gain access to the funds and cover it up. She was responsible for accounting and financial management at TCPFA. Okey admitted that she used her access to the Expo Square box office cash collections to take cash funds. She then deposited a portion of the embezzled cash funds into personal bank accounts for her own use.

Okey further used a portion of the cash funds to directly pay for personal expenses without depositing the funds. In order to conceal her scheme, Okey shredded the original deposit slips or prepared new slips showing a lower deposit amount. To further hide her scheme, Okey admitted that she did not accurately record box office collections on TCPFA financial statements. The fraudulent statements were emailed to the company’s Board of Directors.

Okey also admitted that she made and signed a false tax return for the year 2017 when she knowingly failed to report approximately $294,450 of income acquired through the scheme that year.

Chief U.S. District Judge John E. Dowdell scheduled Okey’s sentencing for June 8, 2020. The FBI and IRS-Criminal Investigation conducted the investigation. Assistant U.S. Attorney Ryan Roberts is prosecuting the case.

Source: https://www.justice.gov/usao-ndok/pr/broken-arrow-woman-convicted-stealing-654579-her-employer