Lynn Espejo Indicted For Stealing $611,000

by Arkansas Business Staff  on Monday, May. 2, 2011 12:00 am  

(Update, March 13, 2013: In July 2012, the U.S. Attorney's Office in Little Rock dismissed the 59-count criminal indictment against Lynn Espejo, the former medical office manager accused of embezzling more than $610,000. Also, the doctors doing business as Practice Management Services Inc. have similarly dropped their parallel civil suit against Espejo and her husband, North Little Rock CPA Pancho Espejo.)

Original story:

Heard about a 59-count indictment for wire fraud against a former medical office manager?

A federal grand jury found probable cause to charge Lynn Espejo with stealing more than $611,000 from two medical groups in Little Rock.

Espejo allegedly embezzled $571,842 from Practice Management Services Inc. between May 21, 2007, and Sept. 9, 2010.

She also allegedly embezzled $39,256 from Blanford Medical Services Inc. between July 17, 2007, and Aug. 11, 2009.

The indictment outlines a scheme in which Espejo allegedly overpaid vendors and transferred the refunds to her personal bank account. According to the indictment, she attempted to cover her crime by creating bogus monthly financial records.

The case is set to begin jury trial in U.S. District Court in Little Rock on Jan. 17.

 

 

Please read our comments policy before commenting.
Search

Latest Arkansas Business Poll

Should the alcohol amendment remain on the ballot?