Watch CBS News

Maple Grove Woman Sentenced To 68 Months For Embezzling $1.7 Million

MINNEAPOLIS (WCCO) – A judge sentenced a woman to more than five years in prison for embezzling about $1.7 million Thursday.

According to the Hennepin County Attorney's Office, 37-year-old Stephanie Davis of Maple Grove was sentenced to 68 months in prison Thursday afternoon.

Davis worked as the accounts payable clerk for Reliable Medical Supply Co. beginning in 2000. She began embezzling in 2005, according to the attorney's office, by setting up fictitious vendors in the company's payable system with names that were nearly identical to real, approved vendors.

Davis would make a check payable to herself and forge the CEO's signature before depositing it, the attorney's office said.

Company officials discovered Davis' scheme in January when they found two checks that had been paid from the company account but did not show up as payables in the company's records.

Assistant Hennepin County Attorney Susan Crumb asked for an upward departure to 80 months in prison, which could be allowed due to aggravating circumstances, including the sophistication of the 10-year scheme and the amount of money stolen.

The judge also ordered Davis to pay $1,087,393 in restitution.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.