Former Chief Financial Officer pleads guilty to embezzlement charges

SPRINGFIELD - Authorities say a Springfield woman has pleaded guilty to embezzling more than $400,000 from a consulting and lobbying firm she was previously employed by.

U.S. Attorney's Office Public Information Officer Sharon Paul says Alice Foss, 53, pleaded guilty to five counts of mail fraud, seven counts of wire fraud, and one count of access device fraud.

Authorities say Foss admitted to embezzling money from Don Moss and Associates from May 1997 until October 2009.  During that time, Foss worked as the firm's chief financial officer, and had check-signing authority, as well as control over the firm's bank account and was responsible for paying the company's business expenses.

Prosecutors say Foss admitted to writing fraudulent checks from the firm's bank account, totaling $144,852, and said the checks were for business expenses that she incurred.  Prosecutors also say Foss used the firm's bank account to pay for personal expenses, such as bills, food, clothing, donations, and car payments, totaling more than $200,000.

Foss is scheduled to be sentenced on May 26, 2015.  She could face between 46 and 57 months in prison.
Current Conditions
  • Current Events