Office Manager sentenced for embezzling over $775,000 from employer | USAO-WDTX
AUSTIN — A Round Rock woman was sentenced to 51 months in prison today for embezzlement from her employer.
According to court documents, Cynthia Linette Jones, 52, was the office manager of a Central Texas company. In this 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 US attorney Ashley C. Hoff. “They depend on people they trust to do the right thing for their colleagues and employers. Today’s sentencing reflects the seriousness of Jones’ abuse of his position and the determination of this office to seek tough penalties against those who embezzle funds from their employers.
“Cynthia Jones violated the trust placed in her by her employer through the multi-year theft of company funds while violating the requirement to report all income, even illegally earned income, to the IRS,” the statement said. Special Agent in Charge Ramsey E. Covington. of the Internal Revenue Service-Criminal Investigations (IRS-CI), Houston Field Office. “Today’s sentencing communicates the seriousness of Jones’ two violations, which should also serve as a deterrent reminder to other potential tax evaders and white-collar criminals.”
The IRS-CI investigated the case.
Assistant US Attorney G. Karthik Srinivasan prosecuted the case.