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Racine County woman accused of embezzling thousands
Racine County woman accused of embezzling thousands
RACINE COUNTY (WITI) -- A $260,000 bonus from the boss -- It's a big surprise to everyone at the company, except the woman cashing in. A Racine County woman is accused of stealing big bucks while she had access to her boss's personal checkbook.
She's accused of embezzling a huge sum from the boss -- 39-year-old Tiffany Cain spent 8 years handling the personal finances of Ronald Haarsma. He's the president of Ace Stamping and Machine Company in Racine.
According to court documents, Haarsma viewed Cain as a trusted employee. She was given access to Haarsma's checkbook.
The company accountant told investigators Cain would tell her how much money was needed each month to pay the Haarsma's personal bills, and the accountant would take the amount out of the company dividends and deposit it into Haarsma's personal account.
Investigators believe Cain would inflate the number, and cut herself, or her husband James, a check for the difference.
It started in 2007 with 9 checks, and increased every year until peaking at 47 checks in 2011. That year, Cain allegedly pocketed roughly $65,000. It all totals more than $260,000.
The gig was up in 2013 when Haarsma allegedly let Cain write a $250 check to herself for a personal trip to Las Vegas as a loan. Cain would end up making it out for $2,500.
When a check went missing the following year, investigators say Cain admitted to purchasing gasoline with the money and was fired.
Haarsma's attorney released this statement to FOX6 News:
Cain wouldn't answer the door when FOX6 News stopped by her Salem home Thursday night, February 12th.
In addition to the criminal case, Cain's former employer has also filed a civil lawsuit to try and get the money back.