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Press Release

Office Manager Sentenced for Embezzling Over $775,000 from Employer

For Immediate Release
U.S. Attorney's Office, Western District of Texas

AUSTIN – A Round Rock woman was sentenced today to 51 months in prison for embezzling from her employer.

According to court documents, Cynthia Linette Jones, 52, was the office manager for a Central Texas business.  In that role, she had access to the company’s accounting system and checkbook.  From 2012 to 2018, she forged over 70 company checks and stole over $775,000.

On November 30, 2021, Jones pleaded guilty to one count of bank fraud and one count of tax evasion.  In addition to the prison sentence, Jones was ordered to pay over $775,000 in restitution to her former employer and over $185,000 in restitution to the Internal Revenue Service.

“Institutions run on trust,” said U.S. Attorney Ashley C. Hoff.  “They depend on trusted individuals to do the right thing in the interests of their coworkers and employers.  Today’s sentencing reflects the seriousness of Jones’ abuse of her position and the determination of this office to seek stiff punishments against those who embezzle from their employers.”

“Cynthia Jones violated the trust placed in her by her employer through the multi-year theft of company funds while also violating the duty to report all income, even income illegally earned, to the IRS,” said Special Agent in Charge Ramsey E. Covington of the Internal Revenue Service-Criminal Investigations (IRS-CI), Houston Field Office.  “The sentencing today communicates the severity of both violations Jones committed, which should also serve as a deterrent reminder to other would-be tax evaders and white collar criminals.”

The IRS-CI investigated the case.

Assistant U.S. Attorney G. Karthik Srinivasan prosecuted the case.


Updated June 13, 2022

Financial Fraud