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Press Release

Michigan woman indicted for allegedly embezzling $300,000 from Sylvania electrical company and using it to gamble and pay for electronics, airline tickets and other personal expenses

For Immediate Release
U.S. Attorney's Office, Northern District of Ohio

A former Toledo resident was indicted in federal court for allegedly embezzling more than $300,000 from her employer and using it to gamble and pay for electronics, airline tickets and other personal expenses.

Traci Ann Grillo, 47, of Ida, Michigan, was indicted on nine counts of wire fraud and one count of aggravated identity theft.

According to the indictment:

Grillo worked for King Electrical Service in Sylvania from September 2014 through March 2019. As part of her job, King Electrical entrusted financial accounts to Grillo, including bank accounts, credit card accounts, and check-writing authority.

Grillo embezzled more than $300,000 from King Electrical. She did this through several fraudulent means, including: salary overpayments to herself; personal use of the King Electrical checking account, such as writing check to pay her son’s tuition at Kent State University; personal use of King Electrical credit cards, including for clothing, home furnishings, electronics, airline tickets and to pay her online gambling account, and obtaining high-interest rate loans under fraudulent pretenses, according to the indictment.

If convicted, the defendant’s sentence will be determined by the Court after reviewing factors unique to this case, including the defendant’s prior criminal record, if any, the defendant’s role in the offense and the characteristics of the violation. In all cases the sentence will not exceed the statutory maximum and in most cases it will be less than the maximum.

The investigating agencies in this case are the Toledo Police Department and the Federal Bureau of Investigation.  The case is being handled by Assistant U.S. Attorneys Jody L. King and Gene Crawford.

An indictment is only a charge and is not evidence of guilt. Defendants are entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.

Contact

Mike Tobin
216.622.3651
michael.tobin@usdoj.gov

Updated August 8, 2019

Topics
Financial Fraud
Identity Theft