Update: XM Radio Employee Sentenced to 15 Months
August 13, 2012 1 Comment
I have an update on a case that I previously discussed involving XM Radio. Valencia Person, an Accounts Payable coordinator just received a 15 month sentence for her role in the embezzlement.
The news article detailing her sentencing notes that Person agreed to a monetary judgment of $908,924. That doesn’t make much sense to me as the article later notes that Brenda Jones, her co-conspirator received $690,000 and Person received $125,000. May be there will be more information available when Jones is sentenced on August 16…
Now, I wonder how much the investigation cost to complete… I would hazard a guess that the total loss easily exceeds $1,000,000. Investing in prevention doesn’t seem so expensive after all, does it?
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