-Bookkeeper sentenced to 4 years for embezzlement

Bookkeeper sentenced to 4 years for embezzlement

Posted:

MEMPHIS (AP) - A West Tennessee bookkeeper who pleaded guilty to embezzling $1.5 million from her employer has been sentenced to four years and three months in prison.

The Commercial Appeal reports that Karen Tripp was also ordered to repay her former Collierville employer, Seiler-Nabers Construction Co.

U.S. District Judge Samuel Mays Jr. said Friday during Tripp's sentencing hearing that the thefts between 2006 and 2010 were based on greed.

Federal prosecutor Jonathan Skrmetti called the thefts "a subtle and sophisticated scheme" and said Tripp used the money to purchase four houses, vehicles and home appliances.

Tripp apologized and she never meant to hurt anyone, but former employees of the now-bankrupt company said they have struggled to survive since losing their jobs.

Information from: The Commercial Appeal, http://www.commercialappeal.com

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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