A Falmouth woman, Susan Figuerido, has admitted to embezzling over $1.3 million from her employer, a flooring company, where she served as bookkeeper, by pleaing guilty to charges of wire fraud and filing a false tax return, as announced by the U.S. Attorney's Office for the District of Massachusetts in a press release.
According to the release, 73-year-old Figuerido carried out the embezzlement scheme between June 2015 and February 2023 and her method was straightforward but illegal, she wrote checks to herself from the company’s bank accounts, then went steps further, failing to record those transactions in the accounting records and not reporting the stolen funds on her federal tax returns which, in effect, led to a tax loss close to $353,000.
Judge Leo T. Sorokin has scheduled the sentencing for Jan. 15, 2025, with wire fraud potentially leading to a 20-year sentence and three years for filing false tax returns, additionally, fines could reach $250,000 or double the amount of the fraud, depending on which is greater.
This case was brought to the court with coordination across multiple agencies including the Federal Bureau of Investigation’s Boston Division and the IRS’s Criminal Investigations in Boston, "Acting U.S. Attorney Joshua S. Levy; Jodi Cohen, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; and Harry T. Chavis Jr., Special Agent in Charge of the Internal Revenue Service’s Criminal Investigations in Boston made the announcement today," the Falmouth Police Department also contributed to the investigation which has been unspooled, now leading to Figuerido's expected sentencing, factored by the U.S. Sentencing Guidelines and other statutory considerations.
