WHEELING, WEST VIRGINIA – In a shocking case of corporate betrayal, Cheryl M. Zambori, a 50-year-old finance manager from St. Clairsville, Ohio, has pleaded guilty to embezzling $317,290.53 from Litman Excavating, Inc. in New Martinsville, West Virginia.
According to court documents, Zambori began her scheme in July 2016, using her position to transfer funds from the company’s bank account in Wheeling to her personal accounts out of state. The brazen heist went undetected for years, with Zambori using her position to cover her tracks.
As part of her plea agreement, Zambori has agreed to pay back the full amount of $317,290.53 to Litman Excavating, Inc. The company will no doubt be relieved to have its stolen funds restored, but the question remains: how could this happen under Zambori’s watch?
Zambori faces a maximum of 20 years in prison and a fine of up to $250,000. However, her actual sentence will depend on the seriousness of the offense and her prior criminal history, if any. The U.S. Postal Service Inspection Service investigated the case, which was prosecuted by Assistant U.S. Attorney Danae DeMasi-Lemon.
The case was presided over by U.S. Magistrate Judge James P. Mazzone. While Zambori’s sentence has yet to be determined, one thing is clear: her former employer will never look at her the same way again.
As the Grimy Times continues to investigate this shocking case, one thing is certain: corporate accountability is crucial in preventing such heists in the future. We will provide updates as more information becomes available.
Zambori’s guilty plea serves as a stark reminder that embezzlement can have devastating consequences for businesses and their employees. As the Grimy Times remains committed to shedding light on these types of crimes, we urge readers to come forward with any information regarding corporate malfeasance.
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Key Facts
- State: West Virginia
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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