A West Price Hill woman is back in major legal trouble after Hamilton County prosecutors say she spent years quietly siphoning money from a family-owned St. Bernard moving company.
Diana Frey, 66, was indicted Friday in Hamilton County on multiple felony counts after what investigators describe as an eight-year financial fraud at Weil/Thoman Moving & Storage. The indictment accuses her of theft, unauthorized use of property and telecommunications fraud tied to alleged manipulation of payroll and company financial records. Investigators estimate the company lost roughly $300,000 to $400,000 between 2017 and 2025.
According to WLWT, the Hamilton County Prosecutor's Office announced the indictment on Friday and said investigators traced the alleged conduct back to 2017. Prosecutors told the outlet the suspected theft reportedly started almost as soon as Frey was hired, and the indictment lists theft, unauthorized use of property, and telecommunications fraud among the charges.
Past federal conviction
Court records available at Justia show this is not Frey's first time facing serious financial crime allegations.
In 2012, she pleaded guilty to wire fraud in a case tied to the Cincinnati Organized and Dedicated Employees union and was sentenced to 51 months in federal prison. That earlier conviction involved more than $750,000 in missing union funds and appears in appellate filings related to her original sentencing.
Alleged scheme and company impact
Weil/Thoman is a long-running, family-owned moving and storage company based in St. Bernard, according to Angi. Prosecutors now allege Frey used her role there to quietly fiddle with the books.
According to the indictment, she is accused of manipulating payroll entries and other company financial records to conceal payments and inflate payroll. It is the kind of behind-the-scenes paperwork tinkering most customers never see, but that can gut a family business over time.
"It is shameful that Diana Frey was given a second chance and took advantage of a person who wanted to help her," Hamilton County Prosecutor Connie Pillich said, as reported by WLWT.
Legal implications
An indictment is a formal accusation, not a conviction, and Frey remains presumed innocent unless and until a court says otherwise. The charges against her are felonies, and if she is convicted, a judge would determine her sentence after weighing the statutes involved and any applicable guidelines.
Her prior federal conviction could be a factor at sentencing if the case results in a guilty verdict. Prosecutors have said they view financial crimes that hit local businesses and the livelihoods tied to them as a serious threat.
What happens next
The case will now move through Hamilton County's criminal courts. Public dockets will list Frey's arraignment and any future hearing dates once they are set, and filings in the case will spell out the evidence and legal arguments as they develop.
Local coverage from WLWT has outlined the prosecutor's statement and the basic contours of the indictment. Further updates will come from court records and official statements as the case moves forward.
