PORTLAND — A Brunswick woman will serve 20 months in federal prison for embezzling more than $300,000 while employed as an accountant at Coastal Enterprises Inc.
Stacey A. Backman, 41, who pleaded guilty in June to federal program and tax fraud, was sentenced Tuesday morning in U.S. District Court.
Backman also was ordered to pay $365,168 in restitution to the Wiscasset-based nonprofit community development corporation and financial institution, according to a press release from U.S. Attorney Thomas E. Delahanty II.
From 2010 to January 2014, Backman embezzled $365,168 from the organization and failed to report the embezzled income on her tax returns, according to the release.
Backman used unauthorized Coastal Enterprises corporate credit cards to pay for personal expenses, Delahanty said in June.
She was terminated in January 2014 when Coastal Enterprises officials learned of the embezzlement.
The case was investigated by the U.S. Department of Health and Human Services, the Office of the Inspector General, the Internal Revenue Service – Criminal Investigations Division, the U.S. Department of Agriculture and the Wiscasset Police Department.
Copy the Story LinkSend questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.