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Possible embezzlement from Wake Forest car dealership probed

Posted March 21, 2012
Updated March 22, 2012

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— Police said Wednesday that they are investigating what they believe is an embezzlement case at a Wake Forest car dealership.

Investigators searched the bank account of a former Crossroads Ford accounting manager. They believe the embezzlement occurred between January 2009 and last March, according to the application for the search warrant.

An audit of the financial records for Crossroads Ford of Wake Forest revealed that $118,647.27 was missing during that period, the application states.

The former manager hasn't been charged with a crime, but investigators state in the application that they believe she took money from deposits at the dealership and replaced cash with checks she had taken from the mail and “any other source available.”

The total deposits remained intact, but the amount in checks and cash had been altered, investigators said, adding that the former manager also made journal entries to conceal the missing funds.

11 Comments

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  • tjohnson1467 Mar 22, 2012

    I love reading comments from people that know nothing about a subject!! Better to say nothing and look stupid that open your mouth and remove all doubt!!

  • granville93 Mar 22, 2012

    An individual stealing from a car dealership....is that not ironic....usually the other way around.

  • Dollars-and-Sense Mar 22, 2012

    For an embezzlement case, it is kinda odd that the media would have a story out BEFORE an arrest. Most embezzlement cases I have seen show up in the news AFTER an arrest. How was this leaked to the media?

  • Bartmeister Mar 22, 2012

    Well when these car dealers advertise they can knock off 10k from sticker price then it's sort of hard to say who is the thief,love these commercials that make these grandstanding statements I could not think of anyone better to steal from than a car dealer,hope she gets away with it.
    muggs

    What an ignorant statement to make. Maybe the dumbest statement anyone will hear all week. You don't understand the concept of marketing do ya? Or how sales works? I'll bet you'd be the first one to get hooked on a bad deal................ It could be explained to you but not much of a chance it would be understood. BWAHAHAHA!!!!

  • NC Tech Mar 22, 2012

    Skimming over a hundred grand is not small stuff. I would like to know why it took so long to see it. She averaged 5 to 10 grand a month. Guess Crossroads is rolling in it and that amount is hard to notice. If she took just cash it may not be shown added to her personal accounts.

  • deb788 Mar 21, 2012

    Restitution, good long prison time, loss of accounting license, and felony record. Hope they give this person their due and they aren't able to plead down. I also wonder how much she bought her car for? free?

  • Nancy Mar 21, 2012

    "The amount of deposit is right, she just kept the cash in some case and put in checks, so long as the checks are good she didn't really steal anything." - rebel

    Actually, she did indeed. The checks should have been deposited in ADDITION to the cash, all those monies already belonged to the dealership.

  • same ole story Mar 21, 2012

    Well that was bound to happen they have been ripping of consumers for decades. Now one of their own did it to them. "INSTANT KARMA IS GOING TO GET YA...." JOHN LENNON

  • Rebelyell55 Mar 21, 2012

    If she is guilty of taking the money she should have to pay restitution and serve time.
    CaptainClucksDuckboatAdventures
    ......??? The amount of deposit is right, she just kept the cash in some case and put in checks, so long as the checks are good she didn't really steal anything. But it does make it lool questionable. She'll serve no time for this.

  • CaptainClucksDuckboatAdventures Mar 21, 2012

    "hope she gets away with it." -muggs

    Nice. What other crime do you support? Molestation? Murder?

    If she is guilty of taking the money she should have to pay restitution and serve time.

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