A 54-year-old York County woman has just pled guilty to embezzling over $1.7 million from a Charlotte company in federal court.
Court documents revealed that between 2016 and 2023, Kristin Turney exploited her role handling financial matters at a Charlotte-based company to funnel money into her own accounts. She wrote unauthorized checks to herself, made fraudulent deposits, and covered up her activities through false accounting entries and misinformation. The funds were used for personal expenses, including car payments, mortgage payments, and vacations.
According to a press release from the US Department of Justice, “Turney caused at least 1,000 fraudulent and unauthorized deposits totaling more than $1.7 million to be made from the bank account of the victim company to Turney’s bank account.”
Turney now faces a maximum sentence of 20 years in prison and a fine of $250,000. The company she defrauded remains unidentified, with court documents only referring to it as “privately-held.” Assistant U.S. Attorney Caryn Finley is handling the prosecution.
