Home » Business News » Woman who stole millions from Idaho company faces 20 years in jail
Woman who stole millions from Idaho company faces 20 years in jail
https://www.whatjobs.com/news/business-news/woman-who-stole-millions-from-idaho-company-faces-20-years-in-jail
By Hugh Fort in Business News, posted January 29, 2022
A woman faces a long jail term after admitting writing checks to herself and spending millions on properties and living a life of luxury.
Trina Marie Welch, 48, of Osburn in Idaho, could be sentenced to 20 years after she admitted writing more than 300 checks while working as a bookkeeper for Kasco in Idaho.
Court records from the District of Idaho show Welch started the fraud in 2013 and continued until July 2019.
READ MORE: WHAT FRAUD? WALTER WATTS & HIS $10 MILLION CHECK SCAM
The court heard how Welch stole money by writing and creating at least 341 checks drawn from the company's bank account.
Welch admitted she took more than $930,000 in 2017 to pay her Bank of America credit cards.
She also bought properties for herself and her relatives and spent the money at spas, travel for herself, family and friends, and "other personal endeavors."
She admitted taking at least £1.5 million and acknowledged the United States contends she took at least $3,674,338.86.
As part of her plea agreement, Welch will pay restitution and forfeit her interest in any of the properties she bought.
She is due to be sentenced on Wednesday, April 13.
Welch faces a maximum sentence of 20 years in federal prison, a £250,000 fine and three years of supervised release.
US Attorney Rafael M. Gonzalez, Jr, of the District of Idaho made the announcement and commended the efforts of the Federal Bureau of Investigation, which led to charges.
Follow WhatNews on YouTube, Twitter, Linkedin, and Facebook
