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Woman sentenced to prison for embezzling from adoption agency

March 12, 2012 |  7:51 pm

An Oxnard woman was sentenced Monday to 41 months in federal prison for embezzling more than $700,000 from a federally funded foster family agency.

Kathaleen Prince, 62, was also ordered to pay back the $708,924 to the Inner Circle Foster Family Agency, a nonprofit adoption agency in Van Nuys.

In a probe conducted by the Federal Bureau of Investigation, officials discovered that Prince, who was a bookkeeper and accountant for Inner Circle for seven years, forged signatures and made Inner Circle checks payable to herself and her creditors, according to a statement by the Department of Justice.

The checks were used "to pay for Prince’s personal credit card bills, cellphone bills, the mortgage for a boat that she had lived on, and a vacation in Hawaii,” officials wrote in the statement.

Prince had pleaded guilty to four counts of misapplication of property of an organization receiving federal funds.


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