Woman Arrested for Allegedly Embezzling $850,000

Boss at Windsor Capital Group Reported Her to Sheriff

Fri Mar 13, 2009 | 06:00am

A three-month Sheriff’s Department investigation into an alleged instance of embezzlement ended with the arrest of an administrative assistant at Windsor Capital Group, whom deputies say embezzled more than $850,000 from the company.

The case began when the owner of Windsor Capital went to the sheriff, saying he suspected that the woman – a 37-year-old Montecito resident – had been stealing money. According to a report on the ensuing investigation from Sheriff’s spokesperson Drew Sugars, the woman was able to take her employer’s money by using his credit cards and online accounts, by forging checks, and by depositing money into an account she had illegally opened in both her name and her boss’s name.

On March 10, investigators got a warrant for the women’s arrest on charges including forgery, embezzlement, and white-collar crime enhancements. The woman’s attorney then escorted her to the Carpinteria Sheriff’s station, whereupon she was booked into jail and held on a bail of $850,000.

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