Former Bookkeeper Of East Bay Real Estate Investment Company Charged In Embezzlement And Tax Evasion Scheme
OAKLAND, Calif. – A federal grand jury in Oakland yesterday indicted Kristie Gale Meyer with ten counts of mail fraud and three counts of tax evasion arising from a multi-year scheme to embezzle funds from her employer, United States Attorney Melinda Haag and Internal Revenue Service Criminal Investigation (IRS-CI) Special Agent in Charge Marcus Williams, announced.
According to the indictment, Meyer is alleged to have engaged in a multi-year scheme to defraud her employer, Ansil Realty & Investment Co. Inc. and its partner, KLP Properties Inc. Meyer worked as Ansil’s secretary, office manager and bookkeeper. It is alleged that Meyer stole money by several means, including paying her credit card bills with checks drawn on the companies’ bank accounts, using those funds for her personal benefit, and by taking cash advances and making payments to online gambling websites. It is also alleged that Meyer wrote checks drawn on the companies’ bank accounts and made deposits directly into her personal bank account. Meyer took steps to conceal her fraud by making false accounting entries in the companies’ accounting systems to make her fraudulent transactions appear to be legitimate business expenditures and by destroying copies of the fraudulent checks.
Additionally, it is alleged that for the tax years 2006, 2007 and 2008, Meyer willfully attempted to evade a large part of the income tax due and owing by filing false returns. According to the indictment, Meyer knew that her taxable income for those years was substantially in excess of the amounts stated on her returns.
Meyer is scheduled to make her initial appearance in federal court in Oakland on Aug. 20, 2012, before Magistrate Judge Kandis Westmore.
The maximum statutory penalty for each count of mail fraud, in violation of 18 U.S.C. § 1341, is 20 years in prison and a fine of $250,000 plus restitution. The maximum statutory penalty for each count of tax evasion, in violation of 26 U.S.C. § 7601, is five years in prison and a fine of $100,000 plus restitution. However, any sentence following conviction would be imposed by the court after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553.
Wade M. Rhyne is the Assistant U.S. Attorney who is prosecuting the case with the assistance of Janice Pagsanjan. The prosecution is the result of a year-long investigation by IRS-CI.
Please note, an indictment contains only allegations against an individual and, as with all defendants, Meyer must be presumed innocent unless and until proven guilty.