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Former accountant pleading guilty to theft from business

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A former bookkeeper has decided to plead guilty to federal charges related to the theft of $2.1 million from an Edinburgh business.

Gail Greathouse of Columbus has filed a guilty plea with the U.S. District Court of Southern Indiana for six counts of wire fraud and a charge of filing a false tax return, U.S. Attorney Joe Hogsett said.

Greathouse took $2.1 million over five years from the Edinburgh industrial molding company LB Mold Inc., where she worked as an office manager and bookkeeper, according to court documents.

Hogsett called the theft a significant case of white-collar fraud.

Greathouse will face up to 20 years and a $250,000 fine on each count of wire fraud, and up to three year in prison on the count of filing a false income tax return in 2006 that grossly understated her income, Hogsett said.

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