Florida woman pleads guilty to embezzling more than $270,000 from non-profit organization | USAO-DC

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WASHINGTON — Kristina Ann Ballard, 52, of Largo, Fla., pleaded guilty today to embezzling more than $270,000 from her former employer, a nonprofit organization. The announcement was made by US Attorney Matthew M. Graves and Wayne A. Jacobs, Special Agent in Charge of the FBI’s Washington Field Office Criminal Division.

Ballard pleaded guilty in U.S. District Court for the District of Columbia to a charge of wire fraud. According to federal sentencing guidelines, she faces a recommended sentence of 33 to 41 months in prison. As part of the plea agreement, Ballard will be ordered to pay restitution in the amount of $271,465 and will also be liable for a judgment of forfeiture of the money in the same amount. The Honorable Emmet G. Sullivan has sentenced July 22, 2022.

In court documents, Ballard admitted to working for the nonprofit in Washington, D.C., between August 2014 and December 2020, when she was fired for poor performance. She served as the organization’s chief financial officer.

From January 2015 to December 2020, Ballard embezzled $271,465 from the organization. She fraudulently transferred funds from the organization to bank accounts she controlled, intercepted credit card reward checks issued to the organization, then deposited those checks into a bank account she controlled and fraudulently charged personal purchases to the organization’s credit card. On November 5, 2020, she used the organization’s credit card to pay $24,694 in restitution to Arlington County Circuit Court for a prior embezzlement scheme for which she was convicted in Virginia.

Ballard concealed his fraud from the organization by listing various beneficiary names on wire transfers and creating fake invoices, often using fake company names. She also forged the signature of the general manager on credit card reward checks before depositing them.

Announcing the plea, U.S. Attorney Graves and Special Agent in Charge Jacobs praised those who investigated the case from the FBI’s Washington field office. They also expressed their appreciation for the work of those who handled the case at the U.S. Attorney’s Office, including paralegal specialist Michon Tart and former paralegal specialist Angeline Thekkumthala. Finally, they praised the work of Assistant U.S. Attorney Kondi Kleinman, who prosecuted the case.

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