Company Embezzlement - Cincinnati News, FOX19-WXIX TV

Company Embezzlement

Two women accused of stealing $430,000 from insurance company

A former employee of Western and Southern Life Insurance Company and her roommate are accused of stealing about 430-thousand dollars from the Cincinnati-based company. Police say Laura Weber and Jessica Sullivan-Griggs stole the money in January and February by writing and cashing company checks made out to phony vendors. Police said the 21-year-old Weber was a Western and Southern clerk with access to company checking accounts. She and the 22-year-old Sullivan-Griggs are free on bond awaiting trial on charges of aggravated theft and tampering with records. If convicted as charged, the Cincinnati women could be sentenced to up to ten years in prison. Company officials say they hope to recover most of the stolen money. Western and Southern officials say the thefts did not involve funds from policies that the company manages for policyholders.

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