Pamela Hill, Embezzlement, Connecticut 2020

Simsbury woman, PAMELA HILL, 55, has been sentenced to 41 months in federal prison for embezzling more than $580,000 from a company where she was employed as a controller.

According to court documents and statements made in court, between 2013 and 2018, Hill embezzled more than $500,000 from a company where she was employed as a controller. She wrote company checks to herself, applied signature stamps with the owner's signature to the checks, and deposited the checks into her own bank account.

Hill also issued electronic payments to her bank account and disguised the payments to make them appear to payments to vendors. When the company's CFO questioned Hill about a vendor payment in December 2018, Hill provided the CFO with an altered bank statement that falsely reflected the payment had been credited back to the company's account.

The investigation also revealed that Hill defrauded a separate individual for whom she provided bookkeeping services.

Judge Meyer ordered Hill to pay restitution of $518,161.45 to the victim company and the victim company's insurer, and $66,076.96 to the victim individual.

Hill pleaded guilty to one count of wire fraud on November 26, 2019. She is currently released on a $100,000 bond and is required to report to prison on October 23, 2020.

This matter was investigated by the Federal Bureau of Investigation and prosecuted by Assistant U.S. Attorney Jennifer R. Laraia.

Hill has a prior conviction in federal court for conspiracy to defraud the United States for assisting a former employer commit income tax fraud. In December 2003, she was sentenced to two years of probation for that offense.

Source: https://www.justice.gov/usao-ct/pr/simsbury-woman-sentenced-41-months-federal-prison-embezzling-more-580k