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Billings woman sentenced for embezzling $390K from employer

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(BILLINGS) Jennifer Anne Thaw of Billings, who admitted embezzling approximately $390,680 from her employer where she worked as the office manager, was sentenced in federal court Friday.

Thaw, 45 years old, pleaded guilty in March to four counts of wire fraud.

Thaw was given one year and one day in prison, followed by three years of supervised release, and ordered to pay more than $392,000 in restitution, according to a news release from U.S. Attorney Kurt G. Alme.

Thaw worked as a controller and office manager for J & S Recovery, Inc., an automobile repossession company.

She was accused of embezzling the money during a five-year period from 2012 to August 2017.

Thaw had access to the company’s financial and banking information, including online access to the firm’s bank account, said the release.

Thaw used the online access to transfer money from the company’s bank account into her own personal checking account at a different bank.

To conceal the missing money, Thaw did not record the transfers in the company’s financial accounting software program.

U.S. District Judge Susan P. Watters presided over the case.