A former Charlotte resident was indicted on wire fraud charges for allegedly embezzling more than $1.1 million from her employer, according to the U.S. District Attorney’s office.
Mandy Deann Urban, 47, was employed as a senior staff accountant for a Charlotte-based company, according to a release. The indictment alleges that Urban executed a scheme to defraud her employer by misusing her access to make multiple transfers from the company’s bank accounts to accounts under Urban’s control.
According to the District Attorney’s office, Urban allegedly concealed the scheme by falsifying the company’s books and records. She allegedly made more than 245 fraudulent transfers from company accounts, according to the release.
Urban used the embezzled funds to pay for personal expenses, per the allegations, including tens of thousands of dollars to pay a mortgage, pay educational expenses and purchase cryptocurrency, among other things. She also sent money to family members, according to the release.
Urban is currently in custody in Florida, according to the release, serving a prison sentence for defrauding a previous employer of more than $200,000. She used the money to pay for a court-ordered restitution of prior embezzlement, the release stated.
Wire fraud charges carry a maximum penalty of 20 years in prison and a $250,000 fine.
The charges in the indictment are allegations, and Urban is otherwise innocent until proven guilty.
