Colorado man who defrauded Montana family of nearly $400,000 in African gold investment scheme sentenced to 27 months in prison
MISSOULA — A Belgrade woman who admitted to stealing more than $800,000 from her employer while she worked as an accountant and controller was sentenced today to 16 months in prison, to be followed by three years of supervised release, U.S. Attorney Jesse Laslovich said today.
Renae Swanson, 59, pleaded guilty in May to wire fraud.
U.S. District Judge Dana L. Christensen presided. Judge Christensen also ordered Swanson to pay $804,413 restitution.
The government alleged in court documents that from 2012 until 2019, Swanson embezzled $804,413 while working as an accountant and controller for Williams Plumbing & Heating. Swanson fraudulently altered the payroll process, resulting in her increasing the amount of money she received from the business.
Assistant U.S. Attorney Ryan G. Weldon prosecuted the case, which was investigated by the FBI.
Clair Johnson Howard
Public Affairs Officer