SAN FRANCISCO — A federal grand jury has indicted a Vallejo woman in what prosecutors called a $257,000 embezzlement scheme that put a San Francisco non-profit organization out of business, authorities said.
U.S. Magistrate Judge Alex Tse released the woman on her own recognizance following her first court appearance to face the charges Wednesday, Ramsey said. She next will appear for a status hearing on Aug. 30. The indictment alleges that from April 2015 until December 2018, the woman wrote herself 119 checks on the non-profit’s bank account and prepared paperwork suggesting that the funds from many of those checks would be used to pay the organization’s payroll taxes, Ramsey said. Authorities allege she instead deposited those checks into other bank accounts she controlled and used the money on herself, he said.