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Fri August 3, 2012
Mo. woman sentenced for $150K fraud
A Joplin woman has been sentenced to two years in federal prison for embezzling $150,000 from her partner in an interior decorating business.
The U.S. Attorney's office says 39-year-old Peggy Newton must also repay the money under the sentence she received Thursday.
Newton was a partner of Diane Pine in a decorating business called Evergreen and Amber. Prosecutors said that from late 2006 to mid-2009, Newton wrote 393 checks on the company account for her personal use.
Prosecutors said Newton tried to open several accounts under Pine's name, and used Pine's personal credit accounts and those of the company for her own use.
Newton pleaded guilty last fall to wire fraud.