High-Flying Auto Dealer Employee Steals $10M For Luxuries

[vta]

Wow. What a pair on this old girl - $4000.00 a day.

Patricia Smith, the former controller of an auto dealership in Pennsylvania, is headed to jail after embezzling $10 million from her former boss in a stunning case of a trusted employee looting the business then squandering the cash on luxuries.

'Forgive me Father, for I have sinned...'

Smith paid a $1.8 million worth of charges to American Express for private jet charters; $715,000 for commercial airfare; $600,000 for lodging, cruise charges and misc. travel expenses; $32,500 for a luncheon for six people prepared by Food Network star Ina Garten at her barn in East Hampton, NY; $5,000 for "The Vatican Package," which included Mass in Papal Audience with VIP seating, plus airfare for four, VIP tour of the Vatican Museum with a private tour guide, and a private tour of the Sistine Chapel alone with family before it is open to the public...

Link

 

[Duane]

At least 1/3 of the $10M isn't in any assets that can be sold to get their money back.

 

[YosemiteSam]

Smith paid a $1.8 million worth of charges to American Express for private jet charters; $715,000 for commercial airfare; $600,000 for lodging, cruise charges and misc. travel expenses; $32,500 for a luncheon for six people prepared by Food Network star Ina Garten at her barn in East Hampton, NY; $5,000 for "The Vatican Package," which included Mass in Papal Audience with VIP seating, plus airfare for four, VIP tour of the Vatican Museum with a private tour guide, and a private tour of the Sistine Chapel alone with family before it is open to the public...

What's wrong with this? This is my normal weekend activities. :laugh2:

 

[Muhast]

Not that it makes it okay, but if you are going to take a risk and steal, she seems to have had some fun with it.

I personally couldn't even consider doing something like this. The jail time isn't worth it to me. But hey, at least she had fun I guess. But even after jail, she'll never have another job again.

 

[vta]

What's wrong with this? This is my normal weekend activities. :laugh2:

Nothing as long as it's on your dime and not Acura's.

 

[JohnnyTheFox]

Whats really shocking is she didnt spend a dime on weight watchers or richard simmons deal-a-meal.:laugh2:

 

[silverbear]

Nothing as long as it's on your dime and not Acura's.

What they don't know won't hurt them... I mean, their financial oversight is clearly lax...

 

[vta]

What they don't know won't hurt them... I mean, their financial oversight is clearly lax...

You're actually right as the owner does say the company is doing fine. What a life to be able to have 10 M stolen and still be doing fine. I'd probably froth at the mouth over 100.00.

And she was the financial oversight. :laugh2: