SEMINOLE COUNTY, Fla. – A Clermont woman has been charged after being accused of embezzling close to $4 million, according to the U.S. Attorney’s Office.
In a release, USAO officials said that the woman — identified as Colleen Kieran, 57 — oversaw the accounting department of a business based in Seminole County.
Over the course of nearly 13 years, she reportedly used her position to siphon out over $3.9 million from the company’s accounts into her own personal PayPal account, officials added.
[RELATED: Man accused in Altamonte Springs Ulta grabbing had prior battery reports, court records show]
“After taking the money, Kieran spent it on clothing, travel, entertainment, dining, consumer electronics, and entertainment media,” the release reads. “Throughout the scheme, Kieran obtained loans in the company’s name to conceal the stolen money.”
In addition, Kieran provided false information about the company’s finances to her employers and the company’s tax prepare, investigators noted.
On Tuesday, the USAO revealed that Kieran had been charged by federal indictment with six counts of wire fraud.
“The indictment also notifies Kieran that the United States is seeking the forfeiture of $3.9 million, the proceeds of the misconduct,” the release continues.
If convicted, Kieran faces up to 20 years in federal prison on each count.
[RELATED: Brevard teen accused of killing mother can’t get fair trial, defense argues]