Tonawanda woman pleads guilty to embezzling over $440K from employer
BUFFALO, N.Y. (WIVB) — A Tonawanda woman pleaded guilty to wire fraud after embezzling over $440,000 from her Amherst-based employer, the United States Attorney’s Office announced Tuesday.
Officials said between April 2022 and June 2024, Erin Martin, 52, defrauded a business where she worked as a senior staff accountant. Martin’s duties included reporting to the chief financial officer and paying the business’s invoices.
Martin made unauthorized electronic fund transfers from the business’s bank account directly into her personal bank account as payments on fake invoices, officials said.
The attorney’s office said her transfers totaled $440,395, which she then used to pay for personal and family members’ expenses.
Wire fraud carries a maximum penalty of 20 years in prison and a $250,000 fine. Martin’s sentencing will occur at a later date.
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