Thursday, May 31, 2007

Don't Spend Money That Isn't Yours

Sabrina Walker got a $2.5 million check from the state of Minnesota. So she went shopping. She spent $5,500 on jewelry, $3,817 at Best Buy and $2,069 on limousine services. She also bought four cars, two of them after she reported receiving the check.

But she was a shrewd swindler, she also bought a $500,000 certificate of deposit, funded two retirement accounts and bought a $500,000 Treasury bond.

Walker was once paid $84 by the state for serving as a witness in a court case. Her vendor number was one digit different than the hospital that was supposed to received the funds.

She was charged with theft by swindle and concealing the proceeds of a crime.

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