Tifton woman sentenced for embezzling $1.2M - WALB.com, Albany News, Weather, Sports

Tifton woman sentenced for embezzling $1.2M

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TIFTON, GA (WALB) -

With information from the US Attorney's Office-

Sherry Lynn Osborne,  45,  of Tifton,  will serve three years and a month for "Conspiracy to Possess Stolen U.S. Treasury Checks, Uttering Forged Securities and Embezzling Public Monies."

On July  29, 2013  Judge  Hugh  Lawson also ordered Ms. Osborne to pay $735,454.75 in restitution.

Ms. Osborne admitted to receiving and depositing stolen and fraudulently obtained tax refund checks or fraudulently obtained refund anticipation loan checks into her bank accounts and then withdrawing the proceeds, retaining a portion for herself and providing the rest to the individual who had originally provided her with the checks.

Court records showed that Ms. Osborne admitted that she deliberately avoided knowing the specific source and nature of the checks even though she should have known this information.

Ms. Osborne presented approximately $1,200,000 in stolen and fraudulent tax refund checks and refund anticipation loan checks for deposit into her accounts.

 

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