NLR Woman Pockets Over $900K in Payroll Scheme, Guilty of Wire Fraud

NLR Woman Pockets Over $900K in Payroll Scheme, Guilty of Wire Fraud

Regina Paff, 53, accused of taking money over a 4-year period from her former employer, AGL Corporation.
LITTLE ROCK, AR - A North Little Rock woman has pleaded guilty to wire fraud.

Christopher R. Thyer, United States Attorney for the Eastern District of Arkansas, announced today that Regina Paff, 53, of North Little Rock, entered the plea in a hearing held before U.S. District Judge James M. Moody, Jr. The charges relate to a scheme to defraud her former employer, AGL Corporation.

Paff was employed by AGL Corporation in Jacksonville, and as part of her duties, she prepared their payroll. She devised a scheme to take money from the company by paying herself additional paychecks, issuing herself reimbursement checks to which she was not entitled, and paying herself commission checks. To do this, she created false payroll entries. Through her scheme, between Oct. 2008 and Sept. 2012, Paff received approximately $991,640.32 in money she was not entitled to and caused a total intended loss to the company of $1,166,157.55.

At the conclusion of her hearing, Paff was taken into federal custody. A sentencing hearing will be set by the court at a later date. Paff faces a maximum penalty of 20 years in prison and a fine of up to $250,000.

This investigation was conducted by Federal Bureau of Investigation.
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