Woman Steals $3 Million, Will Serve 3 Years, Then 3 Years of Supervised Release
Sally Lynn Elmore will do three years in prison and serve three more years of supervised release after admitting to embezzling $3 million. An investigation showed Elmore gambled the money.
Along with a prison sentence, she was ordered to pay $2.2 million in restitution to her victims, along with a $3.2 million forfeiture judgment.
Upon release from prison, Elmore will spend an additional three years on supervised release.
Oakland Physician Network Services
Elmore stipulated to crimes she committed as a Director of Finance and Human Resources for Oakland Physician Network Services in Sylvan Lake, Michigan, from August 2018 through December 2022, according to a plea agreement obtained by The Daily Muck.
Elmore abused her position of trust from April 2019 through December 2022. She used her access to her employer’s payroll and banking systems to execute a scheme and fraudulently direct electronic payments like salary, bonuses, and expense reimbursements that she knew she was not entitled to receive, moving funds from her employer’s bank account to her personal accounts.
On one of those occasions, on Nov. 2, 2020, she used a paying service to transfer more than $19,000, with $16,410 represented as a reimbursement for herself in the system. Two months later, she used the same platform to transfer $7,840 to her Cash App account.
Falsified Financial Statements
To hide her fraud, she prepared and shared falsified financial statements with her company’s board, which stated the funds were in the company’s account while she had transferred them to her own.
Over time, she took over $3 million, causing her employer to fall into crisis and encounter severe financial hardship, with the possibility of insolvency looming.
What did Elmore do with her $3 million in ill-gotten gains? Additional investigation showed that she gambled most of it away.
Statements by Officials
The Justice Department didn’t mince words when discussing Elmore’s embezzlement.
“Elmore violated the trust placed in her as the director of finance and human resources for her company, stealing over three million dollars, nearly driving the company to insolvency, and putting the livelihoods of her fellow employees in jeopardy, stated United States Attorney Ison. “Our office will aggressively prosecute those individuals who abuse their authority to line their own pockets at others’ expense.”
“Over the course of three years, Ms. Elmore betrayed her employer by exploiting her access to the company’s finances, stealing millions of dollars, and covering up her actions through deception,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan.
“The FBI has zero tolerance for fraud against individuals or institutions and will continue to work with our partners at the U.S. Attorney’s Office to prosecute those involved in embezzlement schemes,” Gibson continued. “We are committed to ensuring that anyone who abuses their position of trust faces justice.”
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