Former Employee at Lafayette Glass Charged with Embezzlement
June 18, 2012
by Katie O'Mara, firstname.lastname@example.org
Christina Denny, 44, a former employee of Lafayette, Ind.-based Lafayette Glass Co., turned herself in to Tippecanoe County Jail on an arrest warrant charging her with ten felony counts last week related to embezzlement, according to police records. Ms. Denny is alleged to have stolen more than $100,000. Lafayette Glass Co. president Dennis Clark says it is hard to believe Ms. Denny, who had worked for his company for 19 years, allegedly stole from the family-owned business for an estimated 11 years. “We treated her like a daughter and we began having some suspicions in 2009,” Clark says. “That’s when we confronted her and she admitted to what she was doing.”
According to Clark, Ms. Denny was caught taking cash from the company safe. At the time she was a “trusted employee” who had the rights to sign company checks.
Ms. Denny was charged based on incidents occurring between 2007 and 2009, but Clark says estimate the issue began in 2001—placing the total at around $100,000 or more.
“It’s a real tragedy and a shame,” Clark says. “Hopefully we’ll get some restitution out of her and hopefully she’ll spend a little time in jail.”
Clark says he would encourage other companies to be highly cautious of whom they allow to sign checks.
“We’re a small family-owned corporation and we didn’t expect this to happen to us,” he says. “Even though you trust people, there are always situations that go on like this and they happen often. You need to keep close tabs on who you have in control of what.”
First Sergeant Tom McKee with the Indiana State Police Criminal Investigations Division out of the Lafayette Post says the investigation is ongoing, but currently Ms. Denny is being charged with one count of corrupt business influence (C felony), three counts of forgery (C felony), two counts of money laundering (D felony), two counts of theft (D felony) and two counts of fraud (D felony). She has been released from the Tippecanoe County Jail on a $10,000 bond.
“When you lose that kind of cash, it’s a little devastating,” he says. “Once we did catch her we found that we were in debt $70,000 and we had $4,000 in the bank. Not everybody can survive those types of things, but we have survived and we’re profitable and hopefully we’ll get over this.”
This story is an original story by AGRR™ magazine/glassBYTEs.com™. Subscribe to AGRR™ Magazine.
Subscribe to receive the free e-newsletter.