Woman charged with fraud after embezzling from local company
We have charged a woman who is believed to have posed as a professional chartered accountant for a local oil and gas company, defrauding the company of $537,141.
Between October 2013 and September 2015, the woman worked at the oil and gas company on a temporary contract posing as an accountant. She was also the sole administrator of the companyâ€™s third-party payroll system, and had sole access to the company credit card.
During this time, the woman allegedly set herself up as a full-time, salary-based employee on the companyâ€™s payroll system and used company funds to fraudulently pay herself $254,856.
It is believed the woman also used the company credit card to make extravagant and expensive purchases, totaling $29,483. The credit card was intended for small items for day-to-day office use.
The investigation also revealed that the woman wrote a total of 16 company cheques to herself and cashed them for a total of $65,280.
Additionally, she used company funds to pay off her own personal credit card, totaling $187,522.
The fraudulent activity went unnoticed for an extended period of time, until the woman responded to a suspicious work email, sending a large sum of money to a supposed financial institution in China without first checking with company management.
In the following weeks, the company conducted their own investigation into the history of the womanâ€™s financial transactions while she worked for the company and discovered a series of frauds and thefts. Police were notified in January 2016 and began investigating.
Due to a lengthy and complex investigation, and significant delays due to the COVID-19 pandemic, officers only recently received charge approval for the suspect based on the collected evidence.
On Thursday, Feb. 16, 2023, the suspect was arrested and charged.
As a result, Monika MANHAS, 44, has been charged with fraud and theft over $5,000.
MANHAS will next appear in court on Thursday, March 30, 2023.
Anyone with information about this incident is asked to contact police by calling 403-266-1234. Tips can also be submitted anonymously to Crime Stoppers through any of the following methods:
APP: P3 Tips