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A grand jury has indicted a 72-year-old Hudson woman on larceny and records falsification charges in connection with the alleged theft of $724,000 in cash and merchandise from her former employer.
Joanne Shea is alleged to have stolen the money and goods over a 13-year period between 1993 and 2006 from her employer, an antiques dealer and auction house in Bolton, according to state Attorney General Martha Coakley's office.
During that time, Shea was the business' accounts receivable clerk. Coakley's office said Shea would keep customer cash payments for herself and cover the shortfalls on the company's books with subsequent check payments of equivalent amounts.
All the while, Shea would enter accurate information into the company's inventory system to make sure customers received the goods they had purchased.
Shea is also accused of stealing auction items from the company and using customer payments to cover the unpaid balances. Shea was found to have used multiple employee accounts in the names of relatives to acquire goods without paying.
Shea is scheduled to be arraigned at Worcester Superior Court Jan. 7.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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