Friday, October 23, 2020

Accountant stole $660,000 from prestigious Sudbury law firm


A former accountant at Weaver Simmons – a large, prestigious law firm in Sudbury – was teary-eyed Wednesday as she was sentenced for stealing and laundering more than $660,000 from the firm over a 32-month period.

Tammy Rivers, 43, received a six-month jail sentence, a 17-month conditional sentence, and an 18-month probation order.

She took the money, the court was told, to feed a gambling habit.

“I’m to impose a sentence that facilitates sentencing in proportion to the gravity of the offence and the degree of responsibility of the offender, and generates responsibility for fraud in society,” Ontario Court Justice Romuald Kwolek said during the videoconference sentencing at the Sudbury Courthouse.

- Advertisement -

Assistant Crown attorney Sheila Seguin of North Bay and defence lawyer Daniel Baker of Callander were also involved in the hearing.

“I feel the sentence is appropriate and can assist the offender’s rehabilitation and the hope she doesn’t come back to court again.”

Rivers, 43, had pleaded guilty earlier this year to charges of fraud over $5,000 and laundering proceeds of crime.

A sentencing hearing followed, with Kwolek reserving his decision.

- Advertisement -

He read highlights from the 12-page document at Wednesday’s sentencing hearing.

Rivers, who appeared in court alone, will begin serving her jail sentence Friday. She was also issued a DNA order and a stand-alone restitution order for $10,000.

The Crown had sought a nine-month jail sentence followed by a conditional sentence.

Kwolek said aggravating factors in the case included:

– an employee who abused her position of trust in stealing from her employer;

– the size of the fraud – over $660,000;

– the fact that the fraud was committed over a 32-month period;

– the theft involved four different bank accounts, e-transfers and cheques; and

– there has been no restitution by Rivers to date of which he is aware.

“There was some degree of planning,” commented the judge.

Mitigating factors, noted the judge, included the fact that Rivers entered pleas of guilty sparing a lengthy and expensive trial, appeared to show genuine remorse for what she did, has no prior record, admitted she had stolen the money when the fraud was discovered a few years ago, and co-operated with Greater Sudbury Police.

The conditional sentence order consists of 10 months of house arrest followed by seven months with a curfew. It includes conditions such as no alcohol or illegal drugs, no weapons, that Rivers stay away from Weaver Simmons, and that she take recommended assessment, counselling and programs for issues such as substance abuse, mental health and gambling addiction.

- Advertisement -

The 18-month probation order includes a condition that Rivers continue counselling, if deemed necessary, and complete 80 hours of community service work.

“It’s not simply an offence against a law firm,” said Kwolek. “It’s an offence against the community.”

Kwolek said he is not aware of any legal action being taken by Weaver Simmons to try and recover the stolen money, and noted that since Rivers has a gambling addiction, the stolen money is gone.

Still, in issuing the stand-alone restitution order, Kwolek told Rivers it was important she tries to repay her former employer something.

“I want it to be a significant amount and would expect it can be repaid over time,” he said. “It’s a realistic goal. I think it’s going to take a long time to do that.”

Weaver Simmons did not provide the court with a victim impact statement. It is not known if the law firm has launched a civil suit against Rivers.


Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Texas attorney general Ken Paxton fires top aide who accused him of bribery

Lacey Mase, one of the top aides who accused Texas Attorney General Ken Paxton of crimes including bribery and abuse of office, has been fired, she told The...

Fundraiser Elliott Broidy pleads guilty in foreign agent case linked to 1MDB

Major Republican Party and Trump fundraiser Elliott Broidy pleaded guilty Tuesday to acting as an unregistered foreign agent, admitting to accepting millions...

Latest News

This Week

Federal prosecutors seek 24-30 months in prison for ex-Cincinnati Councilwoman Tamaya Dennard in bribery case

Because of the seriousness of the bribery scheme in which she was involved, former Cincinnati Councilwoman Tamaya Dennard should go to federal prison for 24 to...

Mozambique seeks prosecution of ex-Credit Suisse bankers implicated in debt scandal

Mozambique's Attorney General's Office said on Wednesday it will seek the extradition of three former Credit Suisse CSGN.S bankers implicated in a $2 billion debt scandal...

Guatemala seeks arrest of ex-minister linked to a $16m cash discovery

Guatemalan prosecutors are seeking the arrest of the former communications minister for ex-President Jimmy Morales on money laundering charges after finding a connection to...

Textile suppliers for fashion retailer Boohoo investigated for money laundering and VAT fraud

The National Crime Agency (NCA) is investigating companies that supply the fast-fashion giant Boohoo on suspicion of money laundering and VAT fraud. Britain’s crime-fighting agency...

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks