Lubbock Woman Pleads Guilty in Colorado Embezzlement Case

Elizabeth Smith Carmichael, 48, of Lubbock, has pleaded guilty to embezzlement charges after being accused of stealing more than $450,000 from a Colorado ranch where she worked as a bookkeeper and manager from 2009 to 2012, according to a news report. Carmichael worked for the Bear Mountain Ranch in northwestern Colorado, which provides vacation lodging … Continued

Texas Woman Sentenced in Amarillo Credit Union Embezzlement Case

A 57-year-old former employee at Pantex Federal Credit Union in Borger, Texas, has been sentenced to 30 months in prison and ordered to pay almost $800,000 in restitution after pleading guilty to one count of embezzlement from a federally insured credit union. Dorothy Stegall Barnes worked as an assistant vice president of teller operations for … Continued

Embezzlement Crimes and Punishment in Texas

Embezzlement occurs when an individual entrusted to manage someone else’s property or money uses that property or money for their own gain.  Anyone who has legal access to another’s money or property and steals all or part of it can be prosecuted for the crime of embezzlement. Embezzlement can happen when any person in a … Continued

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