EVANSVILLE, Ind. – A 47-year-old Evansville woman has been sentenced to five years in federal prison after pleading guilty to charges related to embezzling more than $2.5 million from her employer. Marci Doty, formerly employed as an Operations Manager for a local property management business, was sentenced on charges of wire fraud, failure to file tax returns, and filing false tax returns.
The U.S. Attorney’s Office revealed that Doty executed a five-year scheme, stealing a total of $1,803,466.38 from her employer between May 2017 and June 2022. Doty used unauthorized checks and wire transfers to siphon funds from her employer’s bank accounts to her own personal accounts. According to court documents, Doty wrote 279 unauthorized checks to herself and conducted 99 fraudulent wire transfers.
To conceal her actions, Doty manipulated the business’s accounting software, entering false information that made it appear the checks had been written to the employer, rather than herself. Additionally, Doty failed to report the stolen income on her personal tax returns.
Court documents indicate that Doty used the stolen funds to purchase a 25% ownership stake in the business, making the total amount embezzled exceed $2.5 million. Her illegal actions were uncovered during a federal investigation, which led to her guilty plea.
In addition to her prison sentence, Doty was ordered to pay restitution of $2,517,343.05 to her former employer. Following her release from prison, Doty will serve three years of supervised release.
The case serves as a stark reminder of the significant consequences individuals can face when engaging in fraudulent schemes and failing to uphold tax responsibilities.
