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Case Number: 1:21-cr-00230-RP
Judge: Robert Pitman
Court: United States District Court for the Western District of Texas (Travis County)
Plaintiff's Attorney: United States Attorney’s Office
Description: Austin, Texas criminal defense lawyer represented defendant charged with embezzling from her employer.
Cynthia Linette Jones, 52, was the office manager for a Central Texas business. In that role, she had access to the company’s accounting system and checkbook. From 2012 to 2018, she forged over 70 company checks and stole over $775,000.
On November 30, 2021, Jones pleaded guilty to one count of bank fraud and one count of tax evasion. In addition to the prison sentence, Jones was ordered to pay over $775,000 in restitution to her former employer and over $185,000 in restitution to the Internal Revenue Service.
“Institutions run on trust,” said U.S. Attorney Ashley C. Hoff. “They depend on trusted individuals to do the right thing in the interests of their coworkers and employers. Today’s sentencing reflects the seriousness of Jones’ abuse of her position and the determination of this office to seek stiff punishments against those who embezzle from their employers.”
“Cynthia Jones violated the trust placed in her by her employer through the multi-year theft of company funds while also violating the duty to report all income, even income illegally earned, to the IRS,” said Special Agent in Charge Ramsey E. Covington of the Internal Revenue Service-Criminal Investigations (IRS-CI), Houston Field Office. “The sentencing today communicates the severity of both violations Jones committed, which should also serve as a deterrent reminder to other would-be tax evaders and white collar criminals.”
The IRS-CI investigated the case.
Assistant U.S. Attorney G. Karthik Srinivasan prosecuted the case.
18:1344A.F BANK FRAUD
26:7201.F ATTEMPT TO EVADE OR DEFEAT TAX
Outcome: Defendant was sentenced to 51 51 Mos BOP (Concurrent w/Cnt 2); 4 Yrs (Concurrent w/Cnt 2); No Fine; $100 Spcl Assmt; $961,575.64 Restitution; Forfeiture Imposed