The former manager of Bowler, Wisconsin-based Mohican North Star Casino was recently sentenced in U.S. District Court on charges of embezzlement.
Marilyn Creapeau will spend five years on probation – one of which must be served in home confinement – and was ordered to repay the nearly $50,000 she misappropriated from the casino.
Creapeau conducted her embezzlement scheme between November 2005 and August of the following year, according to court documents. She stole the money by smuggling packets of money – mostly in $600 increments – in her sweater sleeves and then covered her tracks by altering computer records that tracked casino payouts. A total of $49,546 went missing in all.
The embezzlement was uncovered thanks to an accounts payable audit conducted in July 2006. The AP audit revealed discrepancies between payout receipts and computer records, and highlighted Creapeau as being involved in nearly 100 suspicious transactions, according to the Green Bay Press Gazette.
Creapeau's case highlights the importance of conducting regular AP audits and establishing a system of checks and balances that mitigates the control any single employee has over an organization's finances.