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Justice News

Department of Justice
U.S. Attorney’s Office
Eastern District of Texas

FOR IMMEDIATE RELEASE
Wednesday, June 3, 2020

Whitewright Accountant Sentenced for Federal Violations in Embezzlement Scheme

            SHERMAN, Texas – A 50-year-old Whitewright, Texas woman has been sentenced to federal prison for violations in the Eastern District of Texas, announced U.S. Attorney Stephen J. Cox and FBI Dallas Special Agent in Charge Matthew J. DeSarno today.

            Beverly Diane Cross pleaded guilty on Dec. 4, 2019, to wire fraud and was sentenced to 102 months in federal prison today by U.S. District Judge Amos L. Mazzant III.  She was also ordered to pay restitution in the amount of $620,408.14. 

            According to information presented in court, from 2015 through June 2019, Cross worked at MicroFab as its accountant.  Cross abused her position of trust as the company’s accountant to embezzle funds from MicroFab.  Cross falsified payroll data and other company documents to pay herself unearned salary amounts and undue expense reimbursements over a four-year period.  During the last two years of her fraud scheme, the average monthly amount of money she embezzled from the company totaled around four times her monthly salary.  In one instance, Cross bought a car from another MicroFab employee for her son, but stole the precise amount of money from MicroFab to purchase the car.  Cross’s fraudulent actions resulted in a loss of approximately $620,000 to MicroFab and caused a considerable negative impact to the company and its employees, many of which suffered salary reductions, and two of which lost their jobs. 

            “The defendant methodically planned and executed a scheme to steal from her employer with total disregard for the company or her co-workers,” said U.S. Attorney Stephen J. Cox.  “However, she failed to account for the tenacity and perseverance of not only our federal agents, but the very employers who trusted her.” 

            “The defendant’s decision to steal from her employer caused salary reductions, job loss, and erased the earnings the company worked to accumulate for over 35 years,” said FBI Dallas Special Agent in Charge Matthew J. DeSarno. “Financial crime is not a victimless crime. The FBI and our law enforcement partners will pursue anyone who uses their position of trust for personal gain.”

            This case was investigated by the Federal Bureau of Investigation’s Frisco Resident Agency of the Dallas Field Office and prosecuted by Special Assistant U.S. Attorney Todd M. Blessing and Assistant United States Attorney Christopher A. Eason.

Topic(s): 
Financial Fraud
Updated June 3, 2020