Woman admits stealing $85K from ex-employer
HERMITAGE – A Hermitage woman charged with embezzling more than $85,000 pleaded guilty Tuesday to a charge of theft.
Tarica S. Albaugh, 35, of 863 N. Buhl Farm Drive, could be sentenced to a maximum of 3è to 7 years for the third-degree felony.
Prosecutors withdrew a charge of forgery.
Officials at Regency Finance Co., 1 S. Hermitage Road, reported June 22 that Albaugh had stolen from the company through 54 transactions made between Nov. 26, 2008, and Jan. 13, Hermitage police said.
Albaugh held a senior position with the company, allowing her access to company checks, police said.
She would write a check and sign it with her name or the name of another employee and cash it at a local bank, police said. Albaugh would create a fictitious transaction for cash or from a supplier and divide the amount over numerous branch offices – up to 72 branches – so that each office would show a minimal bill, police said.
Albaugh marked the fictitious bills as paid so no further action would be taken on them, police said.
The total amount of money stolen was $85,371, police said.
Albaugh confessed on July 23, police said. She said her husband was laid off in 2008 and she needed money to make house payments, police said.
Albaugh told police no other employees were involved in the scheme, police said.
Court awards judgment against former local firm
FARRELL – A supplier for a recently closed company has been awarded default judgment because the former Sharon Packing Co. Inc. did not respond to a lawsuit.
G&C Food Distributors and Brokers Inc., Syracuse, N.Y., sued Sharon Packing, 101 Broadway Ave., Farrell, and President and Chief Executive Officer Arthur “Doc” Mogg in September, alleging it owed $266,869 for goods received.
When interest and attorney’s fees are added, G&C sought $344,291.
Mogg announced in June he was closing Sharon Packing, a wholesale supplier of grocery items, because of regulatory requirements, rising costs and other financial concerns.
On Nov. 21, the clerk of court for U.S. District Court, Pittsburgh, awarded default judgment for $344,291 against Sharon Packing and Mogg.