Bookkeeper Charged With Embezzling $6.9 Million, Reports U.S. Attorney

Jan 22, 2007, 00:00 ET from U.S. Attorney

    BOSTON, Jan. 22 /PRNewswire-USNewswire/ -- A Wyoming, Pennsylvania
 woman, formerly of Cumberland, Rhode Island, was charged today in federal
 court for embezzling $6.9 million dollars from her employer, a Rehoboth,
 Massachusetts construction materials supplier.
     United States Attorney Michael J. Sullivan and Sharon E. Ormsby, Acting
 Special Agent in Charge of the Federal Bureau of Investigation in New
 England, announced today that ANGELA BUCKBOROUGH PLATT, age 43, of 44
 Atherholt Drive, Wyoming, Pennsylvania, was charged in an Information with
 one count of interstate transportation of stolen property.
     The Information alleges that from 1999 to 2006, PLATT was employed as a
 staff accountant for J & J Materials, a construction materials company
 headquartered in Rehoboth, Massachusetts. As a staff accountant, PLATT was
 in charge of maintaining the accounts payable for the company and was
 authorized to write checks from company accounts to pay business expenses.
 She was paid an annual salary of approximately $40,000. It is alleged that
 in June 2000, PLATT began to write checks from company accounts to herself
 in amounts initially ranging from $2,000 to $5,000. PLATT carried these
 checks, often more than once a week, from J & J Materials' offices in
 Rehoboth to banks in Rhode Island where she deposited them into her
 personal accounts. Over time PLATT began writing checks in amounts that
 neared $50,000. By the time her theft was discovered in June 2006 by
 another bookkeeper newly hired to assist her, PLATT had stolen a total of
 over $6.9 million.
     According to the Information, with these stolen funds, PLATT underwrote
 a shopping spree. Among the items that PLATT purchased were the following:
       1.  A 104-acre ranch in West Haven, Vermont, on which she built a log
           cabin, with a heated saltwater swimming pool, and two barns, one of
           which housed a commercial-caliber arcade;
       2.  A four-bedroom Colonial-style house on five acres of land in Foster,
           Rhode Island with a home movie theater;
       3.  Thirty acres of undeveloped coastal land in Harrington, Maine;
       4.  Timeshares in Disney World and at the Harborside Resort Condominium
           II on Paradise Island in the Bahamas;
       e.  Eight show horses
       f.  Five all-terrain vehicles, five high-end snow mobiles, three
           commercial farm tractors and a motorcycle;
       g.  A fleet of motor vehicles, including:
             i.     a 1964 Antique Ford Thunderbird;
             ii.    a 1995 International 470 Ramp Truck;
             iii.   a 2003 Chevy Silverado;
             iv.    a 1996 Pontiac Grand Prix;
             v.     a 1986 Chevy Scottsdale pickup truck;
             vi.    a 1928 Ford;
             vii.   a 2002 Toyota Tundra;
             viii.  a 2003 Toyota Highlander;
             ix.    a 1928 Ford two-door sedan;
             x.     a Clark CMP-18 Forklift;
             xi.    a replica 1923 Ford Model-T customized into a novelty car
                    dubbed the "Green Goblin," with a body fashioned as a green
                    fairytale-looking monster;
             xii.   a 1986 Jaguar XJS;
             xiii.  a 1972 Mercury Montego;
             xiv.   a 1992 Dodge Dakota;
             xv.    a 1985 Honda MC Model F70;
             xvi.   a 1998 Honda V3W;
             xvii.  a 1977 Chevy Vega;
             xviii. a Replica 1927 Mack truck;
             xix.   a 1927 Ford Roadster;
             xx.    a 1931 Plymouth;
             xxi.   a 1937 Chevy Panel Car with a body mural depicting the
                    movie characters "Bonnie" and "Clyde," along with faux
                    bullet holes and a portrait on the rear tire compartment of
                    PLATT's husband dressed in 1930's-era gangster attire
                    holding a Thompson sub-machine gun;
             xxii.  a 1982 Buick LeSabre station wagon retrofitted as a hearse
                    with a 700- horse power, exposed-chrome engine, a body
                    mural depicting a graveyard scene with Halloween
                    iconography that cost approximately $20,000; and
             xxiii. a 1920's-era beer truck custom-made based on a toy model,
                    at a cost of over $100,000;
     A devoted Halloween enthusiast, PLATT purchased various Hollywood-grade
 cinematic props to decorate her home for Halloween, including a twenty-foot
 tall, smoke-emitting dragon called "The Slayer" which sported
 hydraulically- powered wings and a booming dragon roar. PLATT also
 purchased six talking trees like those in the Wizard of Oz, at a cost of
 $3,000 each, and a life- size ceramic statue of Al Capone (seated, smoking
 a cigar). PLATT also bought various jewelry (including a $17,000 diamond
 earring), assorted firearms, mounted animals (including a nine-foot tall
 grizzly bear), celebrity memorabilia, and themed vacation trips.
     According to the Information, PLATT furnished all of her homes, threw
 lavish parties, and liberally bought gifts for friends, including vacation
 travel. PLATT built the Vermont ranch house with high-end materials, such
 as floors made of African hardwood and marble. The basement was outfitted
 as a media room with a hand-carved pool table that cost over $120,000. In
 the West Haven, Vermont area, the PLATTS became renowned for their practice
 of walking into a restaurant and picking up the tab for every patron.
     According to the Information, PLATT also spent and deposited
 considerable funds to sponsor her brother's planned wedding in June 2006
 that was to be held at her Vermont ranch. Among other extravagances, PLATT
 paid for the construction of an elaborate English garden, flew in a sound
 and light specialist from California for a consultation, and retained an
 event planner to oversee the entire production at a cost of $10,000. She
 also placed substantial deposits to reserve rooms for over two hundred
 guests at luxury hotels, limousine service for all guests, a $15,000
 fireworks show, $60,000 worth of flowers, a $1,000 wedding cake, and
 performances at the wedding by singer Bert Bacharach and the "River Dance"
 Irish folk dance troupe.
     It is alleged that when asked how she came into her money, PLATT would
 offer one of two responses: that she was the "CEO of seven corporations,"
 or that she and her husband had won the lottery.
     If convicted, PLATT, faces up to 10 years imprisonment, to be followed
 by 3 years of supervised release, and a $250,000 fine. PLATT has entered a
 plea agreement with the government which is subject to approval by the
 court.
     The case was investigated by the Federal Bureau of Investigation, the
 Bristol County Sheriff's Office, and the Rehoboth Police Department. It is
 being prosecuted by Assistant U.S. Attorney Jon Mitchell in Sullivan's
 Economic Crimes Unit.
     The details contained in the Information are allegations. The defendant
 is presumed to be innocent unless and until proven guilty beyond a
 reasonable doubt in a court of law.
 
 

SOURCE U.S. Attorney
    BOSTON, Jan. 22 /PRNewswire-USNewswire/ -- A Wyoming, Pennsylvania
 woman, formerly of Cumberland, Rhode Island, was charged today in federal
 court for embezzling $6.9 million dollars from her employer, a Rehoboth,
 Massachusetts construction materials supplier.
     United States Attorney Michael J. Sullivan and Sharon E. Ormsby, Acting
 Special Agent in Charge of the Federal Bureau of Investigation in New
 England, announced today that ANGELA BUCKBOROUGH PLATT, age 43, of 44
 Atherholt Drive, Wyoming, Pennsylvania, was charged in an Information with
 one count of interstate transportation of stolen property.
     The Information alleges that from 1999 to 2006, PLATT was employed as a
 staff accountant for J & J Materials, a construction materials company
 headquartered in Rehoboth, Massachusetts. As a staff accountant, PLATT was
 in charge of maintaining the accounts payable for the company and was
 authorized to write checks from company accounts to pay business expenses.
 She was paid an annual salary of approximately $40,000. It is alleged that
 in June 2000, PLATT began to write checks from company accounts to herself
 in amounts initially ranging from $2,000 to $5,000. PLATT carried these
 checks, often more than once a week, from J & J Materials' offices in
 Rehoboth to banks in Rhode Island where she deposited them into her
 personal accounts. Over time PLATT began writing checks in amounts that
 neared $50,000. By the time her theft was discovered in June 2006 by
 another bookkeeper newly hired to assist her, PLATT had stolen a total of
 over $6.9 million.
     According to the Information, with these stolen funds, PLATT underwrote
 a shopping spree. Among the items that PLATT purchased were the following:
       1.  A 104-acre ranch in West Haven, Vermont, on which she built a log
           cabin, with a heated saltwater swimming pool, and two barns, one of
           which housed a commercial-caliber arcade;
       2.  A four-bedroom Colonial-style house on five acres of land in Foster,
           Rhode Island with a home movie theater;
       3.  Thirty acres of undeveloped coastal land in Harrington, Maine;
       4.  Timeshares in Disney World and at the Harborside Resort Condominium
           II on Paradise Island in the Bahamas;
       e.  Eight show horses
       f.  Five all-terrain vehicles, five high-end snow mobiles, three
           commercial farm tractors and a motorcycle;
       g.  A fleet of motor vehicles, including:
             i.     a 1964 Antique Ford Thunderbird;
             ii.    a 1995 International 470 Ramp Truck;
             iii.   a 2003 Chevy Silverado;
             iv.    a 1996 Pontiac Grand Prix;
             v.     a 1986 Chevy Scottsdale pickup truck;
             vi.    a 1928 Ford;
             vii.   a 2002 Toyota Tundra;
             viii.  a 2003 Toyota Highlander;
             ix.    a 1928 Ford two-door sedan;
             x.     a Clark CMP-18 Forklift;
             xi.    a replica 1923 Ford Model-T customized into a novelty car
                    dubbed the "Green Goblin," with a body fashioned as a green
                    fairytale-looking monster;
             xii.   a 1986 Jaguar XJS;
             xiii.  a 1972 Mercury Montego;
             xiv.   a 1992 Dodge Dakota;
             xv.    a 1985 Honda MC Model F70;
             xvi.   a 1998 Honda V3W;
             xvii.  a 1977 Chevy Vega;
             xviii. a Replica 1927 Mack truck;
             xix.   a 1927 Ford Roadster;
             xx.    a 1931 Plymouth;
             xxi.   a 1937 Chevy Panel Car with a body mural depicting the
                    movie characters "Bonnie" and "Clyde," along with faux
                    bullet holes and a portrait on the rear tire compartment of
                    PLATT's husband dressed in 1930's-era gangster attire
                    holding a Thompson sub-machine gun;
             xxii.  a 1982 Buick LeSabre station wagon retrofitted as a hearse
                    with a 700- horse power, exposed-chrome engine, a body
                    mural depicting a graveyard scene with Halloween
                    iconography that cost approximately $20,000; and
             xxiii. a 1920's-era beer truck custom-made based on a toy model,
                    at a cost of over $100,000;
     A devoted Halloween enthusiast, PLATT purchased various Hollywood-grade
 cinematic props to decorate her home for Halloween, including a twenty-foot
 tall, smoke-emitting dragon called "The Slayer" which sported
 hydraulically- powered wings and a booming dragon roar. PLATT also
 purchased six talking trees like those in the Wizard of Oz, at a cost of
 $3,000 each, and a life- size ceramic statue of Al Capone (seated, smoking
 a cigar). PLATT also bought various jewelry (including a $17,000 diamond
 earring), assorted firearms, mounted animals (including a nine-foot tall
 grizzly bear), celebrity memorabilia, and themed vacation trips.
     According to the Information, PLATT furnished all of her homes, threw
 lavish parties, and liberally bought gifts for friends, including vacation
 travel. PLATT built the Vermont ranch house with high-end materials, such
 as floors made of African hardwood and marble. The basement was outfitted
 as a media room with a hand-carved pool table that cost over $120,000. In
 the West Haven, Vermont area, the PLATTS became renowned for their practice
 of walking into a restaurant and picking up the tab for every patron.
     According to the Information, PLATT also spent and deposited
 considerable funds to sponsor her brother's planned wedding in June 2006
 that was to be held at her Vermont ranch. Among other extravagances, PLATT
 paid for the construction of an elaborate English garden, flew in a sound
 and light specialist from California for a consultation, and retained an
 event planner to oversee the entire production at a cost of $10,000. She
 also placed substantial deposits to reserve rooms for over two hundred
 guests at luxury hotels, limousine service for all guests, a $15,000
 fireworks show, $60,000 worth of flowers, a $1,000 wedding cake, and
 performances at the wedding by singer Bert Bacharach and the "River Dance"
 Irish folk dance troupe.
     It is alleged that when asked how she came into her money, PLATT would
 offer one of two responses: that she was the "CEO of seven corporations,"
 or that she and her husband had won the lottery.
     If convicted, PLATT, faces up to 10 years imprisonment, to be followed
 by 3 years of supervised release, and a $250,000 fine. PLATT has entered a
 plea agreement with the government which is subject to approval by the
 court.
     The case was investigated by the Federal Bureau of Investigation, the
 Bristol County Sheriff's Office, and the Rehoboth Police Department. It is
 being prosecuted by Assistant U.S. Attorney Jon Mitchell in Sullivan's
 Economic Crimes Unit.
     The details contained in the Information are allegations. The defendant
 is presumed to be innocent unless and until proven guilty beyond a
 reasonable doubt in a court of law.
 
 SOURCE U.S. Attorney