WITI-TV, MILWAUKEE -
Federal authorities accuse a high level executive at a Milwaukee based company of embezzling millions of dollars to pay for a lavish lifestyle. The Vice President of Finance is on administrative leave, while she's investigated for embezzling millions of dollars.
Gently falling snow set the holiday mood in this Mequon neighborhood, but this will not be a happy holiday for at least one resident. At the home of Sue Sacdeva Federal agents fill U-Haul trucks with items allegedly paid for with embezzled money.
Neighbor Fereshteh Sadr believed the home owners lived a lavish lifestyle. He says, "You talk about luxury living, as far as the house, the parties they were throwing. There were lots of coming and going. That's why I thought it would be something very interesting."
Certainly interesting to federal investigators who say 46-year-old Sachdeva embezzled $4.5M in a scheme to defraud her employer.
Sachdeva earned about $175,000 a year as an executive at Milwaukee based Koss corporation. As the company's Vice President of Finance, she apparently found out how to take much more.
She allegedly wired the money online from Koss's bank account to her own American Express account, she allegedly used the transferred money to purchase luxury items.
According to the criminal complaint, she spent millions of dollars on high-end jewelry and clothing. Sachdeva spent $127,400 on jewelry story in Mequon, $213,500 at a clothing store in Mequon, $649,000 at a bridal salon in Whitefish Bay, and more than $1.3M at a boutique in Mequon.
In a phone conversation the owner of the boutique Sachdeva frequented told FOX 6, "As far as I know, she's a lovely woman. She was a delightful customer. I keep hoping it's a mistake."
American Express security brought the transfers to the Koss Corporation's attention. Later the Koss CEO and federal agents discovered several large piles of clothes with price tags still attached some of which cost more than $2,000.
Gently falling snow set the holiday mood in this Mequon neighborhood, but this will not be a happy holiday for at least one resident. At the home of Sue Sacdeva Federal agents fill U-Haul trucks with items allegedly paid for with embezzled money.
Neighbor Fereshteh Sadr believed the home owners lived a lavish lifestyle. He says, "You talk about luxury living, as far as the house, the parties they were throwing. There were lots of coming and going. That's why I thought it would be something very interesting."
Certainly interesting to federal investigators who say 46-year-old Sachdeva embezzled $4.5M in a scheme to defraud her employer.
Sachdeva earned about $175,000 a year as an executive at Milwaukee based Koss corporation. As the company's Vice President of Finance, she apparently found out how to take much more.
She allegedly wired the money online from Koss's bank account to her own American Express account, she allegedly used the transferred money to purchase luxury items.
According to the criminal complaint, she spent millions of dollars on high-end jewelry and clothing. Sachdeva spent $127,400 on jewelry story in Mequon, $213,500 at a clothing store in Mequon, $649,000 at a bridal salon in Whitefish Bay, and more than $1.3M at a boutique in Mequon.
In a phone conversation the owner of the boutique Sachdeva frequented told FOX 6, "As far as I know, she's a lovely woman. She was a delightful customer. I keep hoping it's a mistake."
American Express security brought the transfers to the Koss Corporation's attention. Later the Koss CEO and federal agents discovered several large piles of clothes with price tags still attached some of which cost more than $2,000.
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