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Buxton Woman Stole $536K from Employer, Now Faces Prison Time
A Buxton woman’s seven-year scheme to embezzle over half a million dollars from her employer has finally caught up with her. Christine Bangs, 64, was sentenced to a year and a day in prison followed by three years of supervised release for two counts of wire fraud and one count of making and subscribing a false tax return.
Bangs was ordered to pay $536,352.33 in restitution to her victim and $70,323 to the Internal Revenue Service (IRS) for taxes on the income derived from the fraud that she failed to report. She was also ordered to forfeit any property, real or personal, which was derived from the proceeds of her crime, including $105,009.53 seized from a bank account in her name.
According to court records, Bangs used her professional position as operations manager and access to her employer’s credit card, bank accounts and payroll for her own personal gain from March 2014 until June 2021. She used the corporate credit card to make approximately $197,936 in personal purchases, including $12,414.96 for tickets to a New England Patriots vs. Dallas Cowboys game, and stole an additional $255,645 from the victim by making approximately 213 wire transfers over the 7+ years.
Of the money Bangs stole, she spent more than $176,000 on entertainment, tickets & dining. The U.S. Attorney’s Office does not identify victims of crime and is therefore not identifying Bangs’ former employer. Bangs omitted $183,386 in income when filing a personal tax return in 2020.
The FBI and IRS Criminal Investigation investigated the case. U.S. District Judge John A. Woodcock, Jr. handed down the sentence in U.S. District Court in Portland.
Bangs’ lengthy scheme was uncovered after a thorough investigation by federal authorities. Her sentence serves as a reminder that white-collar crimes will not be tolerated and those who commit them will face severe consequences.
Key Facts
- State: Maine
- Agency: DOJ USAO
- Category: White Collar Crime
- Source: Official Source ↗
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