Former finance director embezzled $3M from Seattle non-profits

A former finance director of two Seattle non-profits pleaded guilty to embezzling more than $3 million to pay for her luxuries.

Susana Tantico of Renton admitted to embezzling money over the course of nine years, and she is being charged with two counts of wire fraud.“Ms. Tantico was a trusted financial professional who sadly used her skills to steal from organizations serving those most in need of help,” said U.S. Attorney Nicholas Brown. “Each time she used the organization’s credit card for trips, gambling, or clothing, she knew she was effectively stealing from people who depended on assistance from her employer.

The 62-year-old worked in the finance departments of Country Doctor Community Health Centers, which provides healthcare to low-income people, where she embezzled nearly $2.3 million to pay for family vacations and purchases at Nordstrom and Apple, and even withdrew $1.6 million at casinos for gambling. She stole the money from 2011 to 2020.She later went to work at Community Passageways, which focused on youth and criminal justice issues, where she stole nearly $900,000.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Former Seattle-area finance director pleads guilty to embezzling $3M from non-profitsA former finance director for two non-profits has pleaded guilty to embezzling more than $3 million from her employers at the organizations over a period of nine years. FOX13
Source: fox13seattle - 🏆 328. / 59 Read more »

3M fires company executive for inappropriate conduct weeks after promotion3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,' the maker of Post-it notes, industrial coatings and ceramics announced on Monday.
Source: fox7austin - 🏆 594. / 51 Read more »

3M fires company executive for inappropriate conduct weeks after promotion3M has fired prominent executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the company announced on Monday. Vale was promoted to group president and chief business and country officer just last month. The news comes just weeks after St. Paul, Minnesota-based maker of Post-it notes, industrial coatings and ceramics announced thousands of job cuts. In April, the company said that restructing actions were expected to impact about 6,000 positions worldwide — in addition to the reduction of 2,500 manufacturing roles announced in January.
Source: AP - 🏆 728. / 51 Read more »