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Coeur d’Alene woman pleads guilty to embezzling over $697K

Sue Ann Larson pleaded guilty to wire fraud and filing a false tax return. According to court records, Larson was a long-time bookkeeper for a Coeur d’Alene custom cabinet business.

COEUR D'ALENE, Idaho — A Coeur d’Alene woman pleaded guilty on Thursday in United States District Court to wire fraud and filing a false tax return. 

Sue Ann Larson, 63, admitted that she embezzled at least $697,252.11, according to a spokesperson for the U.S. Attorney's Office in Idaho. 

According to a plea agreement obtained by KREM, Larson was a long-time bookkeeper for a Coeur d’Alene custom cabinet business. 

Between May 2013 and February 2018, court documents said Larson initiated wire transfers from a business account to her personal account.

In an attempt to keep her fraud hidden, the U.S Attorney's Office in Idaho said Larson created false entries in the business ledgers. A spokeswoman said Larson made it seem as if the money she was embezzling had been used for legitimate business expenses.

Wire fraud is punishable by up to 20 years in prison, a fine of up to $250,000, and a term of supervised release of up to three years. 

Filing a false tax return is punishable by up to three years in prison, a fine of up to $100,000, and a term of supervised release of one year.

Larson's sentencing is scheduled for May 28 before Senior U.S. District Judge Edward J. Lodge at the federal courthouse in Coeur d’Alene.

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