An Independence woman has pleaded guilty in federal court in Covington to stealing more than fifty percent a million dollars from her former employer, court docket filings clearly show.
Hachelle Alsip, 42, was billed with two counts of wire fraud in April, according to the indictment submitted in U.S. District Court for the Japanese District of Kentucky.
She pleaded guilty Wednesday to the 1st rely and prosecutors have agreed to dismiss the 2nd count as element of the plea settlement, courtroom paperwork present.
In files, prosecutors say Alsip made wire transfers totaling $507,000 from her employer’s bank accounts to a personalized account maintained by her and her spouse.
Alsip was utilized as a personal loan funding agent at the Erlanger-based Victory Home loan, which specializes in new household construction home loans, according to court paperwork. She was fired from the corporation in August 2021.
Prosecutors say Alsip designed the initially wire transfer of $463,375 in March of previous calendar year.
The transfer necessary authorization from a second Victory Mortgage staff, files say, incorporating Alsip sent an email posing as an employee of yet another corporation to get approval for the transfer.
The electronic mail “claimed that a wire transfer … was mistakenly despatched to Victory Home loan and needed to be returned to a man or woman named ‘Allsip,'” the indictment reads.
She initiated a second transfer for $43,624 in June 2021, according to courtroom documents. Prosecutors say Alsip yet again fabricated an email, this time posing as an additional Victory Home finance loan employee.
The e mail said a closing experienced canceled and the money wanted to be returned to a consumer discovered as Christopher Alsip, documents point out.
Alsip “transferred funds among Victory House loan financial institution accounts and falsified the company’s accounting records to conceal the fraudulent character of the wire transfers,” prosecutors stated in files.
Alsip is facing penalties of up to 20 many years in jail, $250,000 in fines and 3 decades of probation, court docket files point out.
As aspect of her plea settlement, she also need to forfeit a 2016 Gray Wolf leisure car, Kubota tractor and a residence on Grassy Creek Street in Demossville, Kentucky, which prosecutors say had been obtained by way of the stolen resources.
Alsip is scheduled to show up in court for sentencing Sept. 28, courtroom information exhibit.
Frank Mungo, Alsip’s attorney, declined to remark, noting that the scenario is nonetheless ongoing.
This write-up originally appeared on Cincinnati Enquirer: NKY female pleads guilty to stealing 500k from property finance loan corporation