[Image: A photo of a woman in handcuffs]
North Little Rock Woman Pockets Over $900,000 in Payroll Scheme
Little Rock, AR – A former North Little Rock resident, Regina Paff, 53, has been found guilty of wire fraud, a scheme that netted her over $900,000. Paff was employed by AGL Corporation in Jacksonville, Arkansas, where she prepared the company’s payroll.
According to an Information charging her with one count of wire fraud, Paff devised a scheme to defraud her former employer, AGL Corporation. She created false payroll entries to take money from the company by paying herself additional paychecks, issuing herself reimbursement checks to which she was not entitled, and paying herself commission checks.
Through her scheme, between October 2008 and September 2012, Paff received approximately $991,640.32 in money she was not entitled to and caused a total intended loss to the company of $1,166,157.55. At the conclusion of her hearing, Paff was taken into federal custody. A sentencing hearing will be set by the court at a later date.
Paff faces a maximum penalty of 20 years in prison and a fine of up to $250,000.00. This investigation was conducted by Federal Bureau of Investigation. Assistant United States Attorney Jana Harris is representing the United States.
Regina Paff, a 53-year-old North Little Rock woman, pleaded guilty to wire fraud, a scheme that netted her over $900,000. Paff was employed by AGL Corporation in Jacksonville, Arkansas, where she prepared the company’s payroll. She faces a maximum penalty of 20 years in prison and a fine of up to $250,000.00.
Defendant Information: Regina Paff, 53, of North Little Rock, Arkansas, was found guilty of one count of wire fraud. The charges relate to a scheme to defraud her former employer, AGL Corporation. Paff was employed by AGL Corporation in Jacksonville, Arkansas.
Mandatory Facts:
1. Defendant: Regina Paff, 53, of North Little Rock, Arkansas
2. Exact Criminal Charges: One count of wire fraud
3. City and State: Little Rock, AR
4. Exact Date: October 2008 to September 2012 (scheme date)
5. Sentence or Outcome: Paff faces a maximum penalty of 20 years in prison and a fine of up to $250,000.00. Paff was taken into federal custody.
6. Dollar Amounts: $991,640.32 (money Paff received) and $1,166,157.55 (total intended loss to the company)
Related Federal Cases
Key Facts
- State: Arkansas
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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