Lady accused of thieving $188K from Galveston organization | Law enforcement News

GALVESTON

An island lady was arrested Wednesday and accused of thieving much more than $180,000 from the company using her for about a few many years, law enforcement mentioned.

Galveston resident Paula Villarreal, 61, was an business office manager at Industrial Product Corp. in Galveston, in accordance to a probable cause affidavit. She worked for the corporation for at the very least 30 many years, in accordance to the affidavit.

In Oct, the company’s president known as police to report he suspected Villarreal had stolen cash from the business, according to the affidavit. She had admitted to taking a lot more than $14,000, the affidavit alleges.

The organization employed an accounting organization that alleged Villarreal had taken extra than $188,000 from the company between May 2016 and Oct 2020.

The audit alleged Villarreal had entered herself as a seller in the company’s accounting process and experienced sent herself income, took more than $140,000 in petty income and utilised a corporation credit score card for personal purchases, in accordance to the affidavit.

The auditors also alleged Villarreal had cashed in much more than 1,000 hrs of extra holiday vacation time and altered pay back stubs to conceal the total of time she claimed, in accordance to the affidavit.

Villarreal advised investigators she meant to pay back the funds back again and didn’t know how considerably she had taken, the affidavit alleges.

Villarreal was arrested Wednesday and held on $10,000 bond, in accordance to the affidavit. She was no lengthier in custody at the Galveston County Jail as of Friday morning.