Risk Management

Ex-Controller Guilty of Credit Card Embezzlement

She'll repay, but faces up to a 20-year sentence after pleading guilty to taking more than $70,000 through her Emmis Communications corporate account.
Stephen TaubAugust 6, 2008

The former controller of Emmis Communications Corp. pled guilty to embezzling more than $70,000 from the media company — money she allegedly transferred in unauthorized payments to her corporate credit card account.

Sylvia York, whose pleas were to wire fraud charges, agreed to pay back the money, according to an Associated Press report. She faces up to 20 years in prison when she is sentenced in October.

According to Assistant U.S. Attorney Michael W. Reap, York made thousands of dollars of unauthorized payments to the corporate credit card. She was based in St. Louis for Emmis, which has interests in broadcasting and magazines.

York used the funds to pay for extensive travel, clothing, and even utility bills with company funds, according to the indictment back in January. Altogether, she was alleged to have taken approximately $93,000 in funds from Emmis.

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