Former Mid-American Employee Pleads Guilty to $800K Theft

by Arkansas Business Staff  on Monday, Dec. 3, 2018 12:00 am   1 min read

What is it with people helping themselves to company checks to supplement their income?

Veronica Dillehay waived indictment and pleaded guilty in U.S. District Court last week to one count of wire fraud in connection with stealing checks from her employer, Mid-American Manufacturing Corp. of Jonesboro.

The amount she pleaded guilty to taking between December 2010 and October 2017?

More than $800,000, according to filings in U.S. District Court in Little Rock.

Dillehay was an office employee at Mid-American and part of her job was preparing checks to pay the company’s suppliers.

“Dillehay would draft, in addition to checks to which she was legally entitled, checks made payable to herself from the” company’s account, the charging information said.

She would then forge the signatures of the authorized persons and deposit the checks into her personal bank account.

The filing said that Dillehay issued 228 checks to herself in amounts ranging from about $25 to $9,800.

The company was founded in 1980 and its services include manufacturing pipes.

Dillehay faces up to 20 years in federal prison and a fine of up to $1 million. Dillehay, who has repaid some of the stolen money, also will be ordered to pay $640,751 in restitution.

If some of the elements in this story sound familiar it’s because this week’s Page 1 story features accountant Edward M. Cooper Jr. of Jonesboro, who allegedly used his client’s checks to embezzle $4.5 million. As of Thursday, he had not been charged.

 

 

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