From my Bro: News of a "Giant" embezzlement

From: Leo Castagnera
Sent: Wednesday, August 31, 2011 1:17 PM
To: mailto:lac74@live.com
Subject: Embezzled


allegedly embezzled from Giants

Updated Aug 31, 2011 11:39 AM ET

The former payroll manager for the San Francisco Giants was arrested on federal charges in connection with the embezzlement of more than $1.5 million from the accounts of players, local station KGO-TV reported Tuesday.

According to court documents, the Giants learned of Robin O'Connor's alleged scheme last month after she applied for a home loan.

The affidavit from an FBI special agent says the 41-year-old mother of two, who had an annual salary of about $80,000, forged a letter to the bank from the Giants' human resources manager that claimed the large deposits to her account were additional payments of compensation "because of her outstanding contributions ... that assisted us in accomplishing our goal of winning the 2010 World Series."

The lender, Bank of America, sent a copy of the letter to the Giants for confirmation and O'Connor was subsequently fired.

She later admitted to forging the letter and transferring $600,000 from player accounts, according to the affidavit. A further investigation found another $900,000 had been diverted to her personal accounts.

In total, it is alleged she embezzled $1,513,836.28 from the Giants' payroll between June 2010 and June 2011. She was charged with wire fraud and fraud in connection with a computer.

O'Connor was released on $500,000 bond and is scheduled for arraignment next month.

Leo Castagnera - VP BSA Officer

The First National Bank of Palmerton