Sunday, March 8, 2009

Annette Yeomans. World communication Feed Article




VISTA, Calif. (AP) รข€” A prior certified public accountant embezzled $9.9 million, forcing her convention to confirm layoffs as she bought 400 pairs of shoes that she kept in a room-sized closet decorated with a crystal chandelier and a plasma television, authorities claim. Annette Yeomans, 51, surrendered at the Vista nick on Friday and was booked for review of bottom-line stealing and embezzlement. She was being held Saturday at the San Diego County hoosegow in lieu of $10 million bail.



It was not instantly net whether she had an attorney. Authorities avow that Yeomans embezzled the readies from 2001 to 2007 while she was overseer economic dignitary for Quality Woodworks, Inc., a cabinetry function in San Marcos.






She emptied at least $240,000 on 400 pairs of shoes, $300,000 on architect clothing and 160 purses valued at $2,000 each, investigators allege. She also remodeled a bedroom into a closet with the chandelier and a 32-inch TV, they said. "On a weekly main ingredient Yeomans would put in $25,000 on her assign greetings card and then make off the even out the following Monday with train funds," said Sgt. Mark Varnau of the sheriff's Financial Crimes Unit.



The losses went unmarked and the following never hired an peripheral auditor to hesitation the books because she had a trusted position, Varnau said. Meanwhile, he said, the public limited company was mannered to offer off workers and restructure operations because of the losses. An search began after American Express notified the players in February 2008 that one of its checks had been utilized to reckon a pay on Yeomans' account, Varnau said.



Yeomans was fired form year and agreed to loop over her assets to the company, which has recovered about $2 million from the buying of her home, some cars and other property, Varnau said. Her hubby was a chiffonier installer at Quality Woodworks but was not suspected of any crime, Varnau said.

annette yeomans




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