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West Virginia Woman Indicted for Embezzling $87,529 from WVU
CLARKSBURG, WEST VIRGINIA – A Bruceton Mills, West Virginia woman has been indicted for embezzling $87,529 from West Virginia University, Acting United States Attorney Betsy Steinfeld Jividen, announced.
Loretta J. Reckart, age 55, was indicted today by a federal grand jury sitting in Wheeling for one count of “Theft Concerning Programs Receiving Federal Funds.”
The crime is alleged to have occurred from October 2010 to July 2016 in Monongalia County while Reckart was employed at WVU. The indictment details the alleged embezzlement scheme, which resulted in the loss of nearly $90,000 from the university.
Reckart faces up to ten years in prison and a fine of up to $250,000. Under the Federal Sentencing Guidelines, the actual sentence imposed will be based upon the seriousness of the offenses and the prior criminal history, if any, of the defendant.
Assistant U.S. Attorney Robert H. McWilliams is prosecuting the case on behalf of the government. The United States Department of Health and Human Services – Office of Inspector General investigated.
An indictment is merely an accusation. A defendant is presumed innocent unless and until proven guilty.
Mandatory Facts: Defendant: Loretta J. Reckart; Exact Criminal Charges: Theft Concerning Programs Receiving Federal Funds; City and State: Clarksburg, West Virginia; Exact Date: Not specified; Sentence or Outcome: Up to 10 years in prison, fine of up to $250,000.
Dollar Amounts: $87,529
Additional Information: Reckart was employed at WVU during the alleged embezzlement scheme.
Key Facts
- State: West Virginia
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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