Skip to comments.Former Warner Music exec allegedy embezzled over $1M (major Obama bundler)
Posted on 02/05/2014 8:17:32 AM PST by Liz
A top Hollywood fund-raiser embezzled more than $1 million from her employer---the Warner Music record label.....one of several 2012 Hollywood power women touted for their clout in fund-raising for Pres Obamas re-election... pulling in between $200,000 and $500,000 for Obama.
Danielle Smith, 45, flew from California and turned herself in at the Manhattan District Attorneys Office. She was arraigned on charges of first-degree grand larceny. The California-based national director for Warner Music, allegedly racked up $1.3M in unauthorized charges. Her duties at Warner Music, HDQ'ed in Manhattan, included scouting and signing artists, arranging travel and lodging. But Smith also funded a luxury lifestyle....rooms in posh hotels and airfare,luxury goods, billed to the company between 2007-11.
(Excerpt) Read more at nypost.com ...
Doing the perp walk.
I actually know a guy who embezzled a million dollars.
He served less than two years in prison, and now is out and working again (yes, someone actually hired him!)
His former employer is SOL as it sounds like he blew thru all the money.
I was just about to search for a pic to (once again X 1000) confirm what I already knew. For such a small percentage of the population they sure do commit a large pertage of crime and that’s only the ones that they’ve caught.
pertage = percentage
Let me guess. The experts find this surprising and unexpected. :-)
Embezzlement — you’re doing it wrong.
Rita Crundwell, the former comptroller of Dixon, Illinois, embezzled $53 million and bought horses, million-dollar motorcoaches, and lived the good life right under the taxpayers noses.
Dixon, Ill's dumb accountants, mayor and council failed to miss $53 million govt monies stolen by insider Rita Crudwell---who was the Dixon, Ill govt comptroller.
The dumb Mayor never figured there was a secret bank account into which the Comptroller deposited govt funds? Trying to explain how that much money could disappear unnoticed, braindead Mayor James Burke said Dixon has struggled financially because "the state" is far behind on income tax disbursements to munis.....(now there's a red flag is there ever was one).
How Comptroller Rita Crundwell could sustain such an extravagant lifestyle on an $80,000 salary was mostly attributed to her success in the horse industry, the dumbest Mayor in the world stupidly said. "She definitely was a trusted employee, although I've had some suspicion for quite a while just because of her lifestyle," Mayor Burke said.
A Chicago-based corruption watchdog, the Better Govt Association, called Dixon a wakeup call for state and local officials to put in place better safeguards, especially in smaller towns that lack rigorous oversight. "Tens of billions of our tax dollars flow through 7,000 plus units of government in Illinois every year. And we can only watch a few of them," said the association's president, Andy Shaw. "Most of them don't have inspector generals. Most of them don't have auditor generals. Most of them don't have watchdog groups looking closely.... It's ripe for rip-offs."
A Labyrinth of Govt Fraud----stories like this show how astonishingly easy it is to pull off massive govt fraud.
REFERENCE Govt officials find 2nd off-the-books bank account / LAT / February 17, 2011
Montebello, Cali govt officials said they discovered yet a.n.o.t.h.e.r secret off-the-books bank account that once contained nearly $1 million in city govt funds. Officials do not know why the secret account was created, why it was never recorded on the city's general ledger or what happened to the govt money that was transferred out. One signator on the secret account was former City Manager Richard Torres. City policy generally requires the treasurer to be a signator, not the city manager. The bank holding the secret account refused to disclose to the city who the other two signators are.
Revelations about a secret Union Bank account follow news of an off-the-books account at Banco Popular discovered earlier....That account contained about $240,000 govt monies; officials also discovered records that indicated tens of thousands of govt dollars had been transferred out. They do not know to whom or why.
City govt's official banker is Bank of the West. Officials have asked for bank statements and records and are hoping to reconstruct what happened. They have also queried every member of the govt finance department to ask if they know of any other off-the-books accounts. The Union Bank account came to light when an employee
spontaneously alerted the finance director. Officials found out about the Banco Popular account when the bank contacted city govt because the account had been dormant for a while.
The news about the secret accounts comes as Montebello struggles to close a deficit that could force officials to make deep service cuts and lay off employees. Criminal probes have also begun in San Bernardino agencies for possible govt fraud.
REFERENCE An astoundingly brazen larceny -- $5.7 million was electronically emptied out of the coffers of Columbia University into an employee's bank account. Now, several university employees are on trial----accused of funneling the stolen millions into the Bank account of alleged mastermind George Castro, 49, in collusion w/ two workers in the university's accounts payable dept..... allegedly altering a routing code and other info connected to payments slated to go from the university's medical center to an affiliate hospital.
The money never reached its destination. "Within six weeks, over $5 million meant for New York Presbyterian Hospital found it's way into the employee's Bank account," prosecutors said.
When nabbed by cops, one university employee was carrying bags of money -- $200,000 in cash -- into his new $80,000 Audi as cops busted him outside his Bronx residence..... he and his co-defendants had at that point thrown hundreds of thousands of stolen dollars into failed day trading investments. One accounting dept insider pled guilty to grand larceny and is hoping to avoid jail by testifying against the four defendants and his accounts payable co-conspirator. (NYPOST.COM)
“Uh, that’s retarded, sir.”
That’s a lot worse than D’Souza’s alleged transgressions, isn’t it? Probably not in today’s world of leftist cronyism. See Jon Corzine, bundler extraordinaire, who drove MF Global into the ground.
This is one of those things that are ripe for an executive pardon.
I won’t be surprised if it happens.
So how much of the cash she “raised” for the little islamist is tainted too?
Was her manager an accomplice, or just incompetent?
Nobody robs banks anymore. The thieves are all in government.
Happens all over - July 2009:
Carol Davidson, 43, of Midlothian, Virginia, was sentenced to 3 years in prison for embezzling some $338,000 from JetBlue Airlines, where she had been employed as a manager in their Richmond, Virginia location. Specifically, she was sentenced to a total 100 years in prison on the 13 felony counts including embezzlement, forgery and passing phony checks, but the judge suspended 97 years of the sentence and ordered her to make restitution of $309,735. Davidson has blamed her thefts on a compulsive buying disorder.
OMG she’s BLACK!!! Is it a SHE??
She——on and off, I guess. LOL.