Business Manager Pleads Guilty
to Embezzling $400,000
The former business manager of the Kurth Memorial Library in Lufkin, Texas, pleaded guilty March 22 to stealing $407,230.24 from the library between 1996 and July 1998.
Thirty-one-year-old Sharon Roxan Hobbs, who was indicted January 21, admitted to forging hundreds of checks with the signatures of two board members. She then submitted false monthly financial summaries to the board and destroyed the forged canceled checks returned from the Lufkin National Bank, according to Duncan Woodford of the U.S. Attorney's Office for the Eastern District of Texas.
Hobbs faces a maximum of 30 years in prison, a fine of $1 million, and restitution. She will be sentenced in two months.
Posted March 29, 1999.
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