Renae Swanson, Embezzlement, Montana 2023

Belgrade Woman Sentenced for Embezzlement

MISSOULA — A Belgrade woman who admitted to stealing more than $800,000 from her employer while she worked as an accountant and controller was sentenced today to 16 months in prison, to be followed by three years of supervised release, U.S. Attorney Jesse Laslovich said today.

Renae Swanson, 59, pleaded guilty in May to wire fraud.

U.S. District Judge Dana L. Christensen presided over the sentencing hearing. Judge Christensen also ordered Swanson to pay $804,413 restitution.

The government alleged in court documents that from 2012 until 2019, Swanson embezzled $804,413 while working as an accountant and controller for Williams Plumbing & Heating. Swanson fraudulently altered the payroll process, resulting in her increasing the amount of money she received from the business.

Assistant U.S. Attorney Ryan G. Weldon prosecuted the case, which was investigated by the FBI.

Swanson’s actions were discovered through an investigation by the FBI, and she was subsequently charged with wire fraud. The case demonstrates the importance of vigilance in business and the consequences of embezzlement.

The case serves as a reminder to business owners and employees alike to be cautious and transparent with financial dealings.

Renae Swanson will serve 16 months in prison followed by three years of supervised release. She has also been ordered to pay $804,413 in restitution for her role in the embezzlement scheme.

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