Lawrence Woman Pleads Guilty To Embezzling More Than $750,000
TOPEKA, KAN. - A Lawrence woman pleaded guilty Tuesday to embezzling more than $750,000 from her employer, U.S. Attorney Barry Grissom said.
Sharon Ann Holladay, 58, Lawrence, Kan., pleaded guilty to one count of embezzlement. In her plea, she admitted the crime occurred while she worked as the officer manager for Westheffer Company, a Lawrence business that manufactures and sells agricultural chemical spray equipment.
Holladay used her access to the company’s financial system to transfer money from the operations account to a petty cash fund she controlled. She also used her access to the payroll system to give herself unauthorized bonuses and commissions. In addition, she made unauthorized purchases on the company’s credit card.
She embezzled a total of between $750,000 and $1 million from the company.
Sentencing will be set for a later time. She faces a maximum penalty of 10 years in federal prison and a fine up to $250,000. Grissom commended the Lawrence Police Department, the FB I and Assistant U.S. Attorney Rich Hathaway for their work on the case.