Pueblo woman accused of stealing nearly $800k from employer

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PUEBLO, Colo. — A Pueblo woman is facing federal fraud charges after she stole nearly $800,000 from her employer, according to the U.S. Attorney’s Office in Denver.

Kimberly Pitts, 46, is charged with eight counts of wire fraud and one count of filing a false tax statement. Prosecutors said Pitts was hired as the office manager for Associates of Gastroenterology in February 2011. She was entrusted with the company’s bank accounts, credit cards, and accounting ledgers.

Prosecutors said between February 2011 and May 2015, Pitts used company credit cards to make personal purchases, wrote checks from company accounts for personal use, and wired money from company accounts to her own accounts. Prosecutors said she often wrote fraudulent business expenses into the accounting ledgers to conceal her misuse of the money. In January 2015, she wrote that the company had paid $10,000 to Colorado Springs Utilities, when in reality, she had wired the money to her own bank account. Prosecutors said she took a total of $792,474 of her employer’s money for her own personal use.

Prosecutors said Pitts also lied about her income on a tax return filed in April 2015.

If convicted, Pitts faces up to 20 years in prison for each count of wire fraud and up to three years for filing a false tax statement.

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