Former Controller Sentenced to 2 Years in Prison for Embezzling $1.27 Million
Gainesville, GA – Jeanette Elizabeth Ford, a former controller at Classic Party Rentals (CPR), has been sentenced to 2 years in prison for embezzling over $1.27 million from the company.
Ford, 46, of Blue Ridge, Georgia, was convicted of wire fraud on May 14, 2018, after she pleaded guilty to a criminal information.
According to the U.S. Attorney’s Office, Ford used her authority and access as an operations controller to circumvent company controls and charge over $1.27 million in unauthorized personal expenses to a corporate credit card issued in her name.
Ford manipulated transaction reports from MasterCard and recorded fraudulent entries within the accounting system to conceal the credit card transactions.
She also circumvented CPR policy by not linking her company credit card to CPR’s expense reporting software.
Ford was sentenced by U.S. District Judge Richard W. Story to 2 years in prison, to be followed by 3 years of supervised release.
She has also been ordered to pay $1,274,907.36 in restitution.
The case was investigated by the Federal Bureau of Investigation and prosecuted by Assistant U.S. Attorneys John S. Ghose, Alex Sistla, and Kelly Connors.
Key Facts
- State: Georgia
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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