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From the City & Region staff at The Boston Globe

Bookkeeper charged with dipping into company till

Email|Print| Text size + By the Boston Globe City & Region Desk
January 18, 07 01:35 PM

By Amanda I. Bergeron, Globe correspondent

An Acushnet woman was arrested today on charges that she embezzled more than $1.1 million from her employer, US Attorney Michael J. Sullivan's office said.

Grace M. Oliver, 38, allegedly forged nearly 450 checks belonging to Superior Drywall of Westport, where she worked as a bookkeeper. According to Sullivan's office, between January 2004 and December 2006, Oliver wrote company checks to herself, her credit card company, her mortgage firm, and other businesses to which she owed money. She alledgedly covered up her activities by entering legitimate payees for each check.

Oliver is charged with five counts of possessing forged securities and if convicted could face up to 10 years in prison and a $250,000 fine.

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