Why Embezzlement Does Not Pay Off
In light of the world financial crisis, it’s time to take stock what desperate people are driven to do when they’re pushed against a wall, financially. That’s what happened to Christine McLamb, a seventy-plus year old woman who was faced with mounting hospital bills and not enough cash to pay off everything.
To keep herself and her family from going under, she embezzled funds by taking out loans. Other peoples’ identities were used to apply for the loans. In the end, McLamb had more than a million dollars to her name.
Did it pay off? Well, she was able to pay off the medical expenses of her husband. However, she was still caught and she would be serving six years in prison for her crimes.