Ontario woman allegedly funnels over $600,000 from her employer to charities

March 14, 2018 (Courtesy of The Canadian Press) –  A 52-year-old Ontario woman is facing fraud charges after allegedly funneling over $600,000 of her employer’s money into bank accounts for charities of which she was a board member.

Kingston police say the woman was working as comptroller for a local business while also serving on the board of two charities in Maxville, Ont., a small community north of Cornwall.

Investigators allege both charities incurred large debts due to mistakes the suspect made.

Police say she responded by allegedly siphoning money from the business to the charities over a period of three years to compensate for the loss of money.

The woman was arrested at her Maxville home on Sunday and transported to police headquarters in Kingston, Ont.

She has been charged with fraud over $5,000 and will appear in a Kingston court at a later date.

Deborah McCoy – Is a licensed paralegal under the auspices of the Law Society of Ontario, and has over 17 years of investigation experience in both the private and public business sectors. Since joining CFN, Ms. McCoy has become a true advocate for victims of fraud and increasing the public’s awareness in fraud prevention.

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