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Bookkeeper in DeBordieu SC Gets Eighteen Months For Embezzlement

Georgetown woman involved in “multi-year scheme” to defraud two local businesses …

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A Georgetown, South Carolina woman was sentenced to eighteen months in federal prison on Tuesday for a “multi-year scheme” to embezzle funds from two family-owned real estate businesses on the Palmetto coast.

According to the office of U.S. attorney Sherri Lydon, 43-year-old Shirley Watson was sentenced to a year-and-a-half behind bars (and three years of supervised release thereafter) by U.S. district court judge David C. Norton of Charleston, S.C.

There is no parole in the federal system.

From the press release issued by Lydon’s office …

In January 2019, Watson pleaded guilty to a three-count Information, admitting to two counts of Bank Fraud and one count of Tax Evasion. She admitted that beginning in 2011 and continuing up through 2016, she used her position as a bookkeeper to divert hundreds of thousands of dollars in company funds to herself. She exploited her access to company accounts, writing checks to herself and forging her employer’s signature. She also admitted that she neither reported the income to the Internal Revenue Service nor paid any related taxes.

In addition to her prison sentence/ supervised release schedule, Watson was ordered to pay restitution in the amount of nearly $350,000 to her victims and more than $80,000 to the Internal Revenue Service (IRS).

We wrote extensively the other day on the failure of human law to truly promote liberty/ protect the citizenry, but this case certainly strikes us as a pretty cut-and-dried example of appropriate justice being administered to someone who acknowledged violating a universally accepted maxim: Thou shalt not steal.

How about that? A news item that makes sense for a change …

-FITSNews

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