A woman from Seymour has been sentenced to more than three years in federal prison for her role in a fraud scheme. U.S. Attorney Josh Minkler’s office says Angela Kincaid was convicted of stealing more than $625,000 from the small manufacturing business for which she served as bookkeeper.
Minkler’s office says Kincaid began writing company checks to herself by forging the signature of the company’s president just one month after starting as bookkeeper. Kincaid forged more than 170 checks and used the money mostly for personal items, including second and third homes, cars, vacations, NFL tickets and more than 35 firearms.
"Fraud cannot, and will not, be tolerated – especially fraud by company insiders," said Minkler. "When greed drives a person to abuse a position of trust and defraud his or her employer, especially a small family business, that person will be prosecuted by my office to the fullest extent of the law."
Kincaid also caused the company to go into hundreds of thousands of dollars in debt. Minker’s office says Kincaid must pay full restitution to the company and serve three years of supervised release after completing her prison term.