A Nashville woman admitted in court to fraudulently transferring more than $400,000 from the company she worked for to her personal bank account.
Charlotte McEwen, 50, pleaded guilty Monday to eight counts of wire fraud in connection with a scheme to embezzle approximately $466,331 from her former employer, Ingersoll Rand, Inc. ("IR") in Nashville.
McEwen was indicted by a federal grand jury on March 16, 2016.
In the hearing, McEwen admitted to engaging in a scheme to embezzle from her employer, from February 2010 to 2013.
McEwen admitted that while employed as the sole Payroll Garnishment Processor IR, she fraudulently electronically transferred, about $466,331 from an IR bank account to her personal bank accounts.
The funds McEwen transferred to herself were funds she withheld from IR employee paychecks in her position as IR's Payroll Garnishment Processor, and pursuant to garnishment orders issued by creditors for unpaid debts owed by IR employees. McEwen then created and submitted fraudulent documents to IR in an attempt to conceal her actions.
McEwen faces up to 20 years in prison on each fraud count. She also faces a criminal fine of up to $250,000 for each fraud count, forfeiture of criminal proceeds, and will be ordered to pay restitution in the amount of $466,331. McEwen will be sentenced by Judge Trauger on January 26, 2017. Her sentence will be imposed by the Court after consideration of the U.S. Sentencing Guidelines and applicable federal statutes.
The case was investigated by the United States Secret Service. The United States is represented by Assistant U.S. Attorney Thomas J. Jaworski.