Illinois resident Ruby Toosevich pleaded guilty to bank fraud for defrauding the medical practice where she worked by using the company’s bank account to pay her personal expenses. Toosevich created fake invoices disguised as legitimate business expenses in order to get checks from her employer. She used the checks to pay, or attempt to pay, for her federal taxes, a mortgage, home repairs and remodeling, private school tuition, jewelry, a luxury car lease, and other expenses.
In a 12-month period she caused the company losses of more than $300,000.00. She has been ordered to pay $329,986.54 in restitution and was sentenced to 27 months in prison.