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83°
Tuesday, jun 4
Tag:
Criminal tax fraud
News
Troy Woman Admits Stealing $550K From Employer: 'A Crime Of Greed'
Years of prison await a woman from the region who confessed to stealing more than a half million dollars from her employer. Rensselaer County resident Debra Powers, age 64, of Troy, pleaded guilty to theft and tax fraud in Saratoga County Court on Friday, Jan. 19. According to prosecutors, Powers admitted to using a company credit card for personal use while employed at Cascades Inc., located in the town of Waterford. An investigation by New York State Police found that she stole $548,993 over a five-year period. She concealed the unauthorized purchases by submitting phony, altered, or in…