Watch CBS News

Woman Pleads Guilty In $3.6M Embezzlement

WASHINGTON (AP) -- A woman who prosecutors say financed a lavish lifestyle by embezzling $3.6 million from her employer has pleaded guilty to a federal mail fraud charge.

Pamela J. Beard of Bowie, Md., entered the plea Friday in federal court in Washington. As part of a plea deal, she faces a maximum of 51 months in prison and must pay $3.6 million in criminal forfeiture and restitution at sentencing May 8.

According to government evidence, Beard, 51, was office manager at the Office of Orthopaedic Medicine & Surgery in Washington. Prosecutors say Beard generated corporate checks and deposited them to accounts she controlled.

Authorities say Beard used the embezzled funds for vacations, jewelry and parties, including a 50th birthday party at the National Harbor for which she spent $18,000 on ice sculptures.

(Copyright 2013 by The Associated Press. All Rights Reserved.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.