Stock photo, Metro Creative Graphics

Stock photo, Metro Creative Graphics

Kent woman pleads guilty to embezzling $2.5M from Everett company

Stole money over a 10-year period; used fake company names and transferred funds to her bank accounts

A 39-year-old Kent woman pleaded guilty to wire fraud and tax fraud charges for a 10-year embezzlement scheme in which she stole more than $2.5 million from her Everett employer.

Christin Guillory, an accounting manager at an Everett-based manufacturing company, entered the plea Thursday, May 11 in U.S. District Court in Seattle, according to a news release from the U.S. Department of Justice.

Guillory stole the money by transferring funds to accounts Guillory set up in the names of fake companies and then routing the funds to her own bank accounts. Guillory faces up to 20 years in prison when sentenced by U.S. District Judge Ricardo S. Martinez on Aug. 11, although prosecutors under the plea agreement will recommend no more than three years, five months in prison. Martinez will consider a number of statutory factors before determining the appropriate sentence, according to the Department of Justice.

ADVERTISEMENT
0 seconds of 0 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
00:00
00:00
 

According to the plea agreement, in April 2013, Guillory set up an account with payment processor Square that used a display name that made it appear it was an account of a commercial shipping company. Between 2014 and 2019, Guillory secretly paid $1.69 million to that account and then transferred the money to her own bank accounts. She made false entries in the company books to conceal the theft.

In 2019, Guillory stopped using Square for her fraud and instead used two PayPal accounts. She gave one of the PayPal accounts a display name similar to that of her employer. For the second account, she used the name of a shipping company with which she had no affiliation.

In 2020 and 2021, she caused the transfer of $604,000 to the PayPal accounts and made false accounting entries to cover her tracks. She then transferred the bulk of the money for her own use. Becoming more brazen, between August and November 2021, Guillory transferred $247,000 directly from company accounts to her own bank accounts. Again, she made fraudulent accounting entries and reused legitimate invoices to make it appear the payments were for appropriate business purposes. In all, Guillory made at least 867 secret transactions using interstate wires that totaled $2.53 million.

The scheme was detected when a financial institution reported irregularities.

Guillory is also charged with making a false tax return for failing to report the more than $2.5 million in income she embezzled. For example, for the tax year 2019, Guillory represented that her income was $38,022, but failed to report the $615,392 in income she received that year from her embezzlement. In all, Guillory failed to pay $590,850 that she owed in taxes.

“Ms. Guillory received millions of dollars of ‘involuntary contributions’ from her employer, stolen amounts which she gave herself by abusing her position of trust within the company,” said Special Agent in Charge Bret Kressin, IRS Criminal Investigation, Seattle Field Office. “Financial and tax crime have consequences, and Ms. Guillory’s guilty plea today is a compelling reminder of that.”

According to her profile on linkedin.com, Guillory worked at Majestic Glove, a supplier of personal safety gear.

Nothing was said at the plea hearing about how Guillory spent the money and there is nothing in the public record about how the money was used, according to a Department of Justice spokesperson. How Guillory spent the money likely will be discussed at sentencing.

Wire fraud is punishable by up to 20 years in prison. Filing a false tax return is punishable by up to three years in prison.

The case was investigated by the FBI and the Internal Revenue Service Criminal Investigation unit.


Talk to us

Please share your story tips by emailing editor@kentreporter.com.

To share your opinion for publication, submit a letter through our website https://www.kentreporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 300 words or less.

More in News

t
Kent Mayor Ralph fights for right to raise sales tax

She says Legislature should help reward Kent for its strong economic impact on state

Courtesy Photo, King County
Kent man sentenced for killing man who had affair with his girlfriend

Receives 18 years in prison for 2022 stabbing inside Des Moines apartment

t
Kent picks Scenic Hill’s ‘Sabella’ Curtis as Teacher of the Year

Kindergarten teacher says every student ‘deserves a dynamic, engaging and nurturing environment

t
Kent Mayor Dana Ralph to seek third four-year term

Ralph first elected mayor in 2017 and reelected in 2021

Phoenix Court Apartments, 23913 111th Pl. SE, in Kent. COURTESY PHOTO, Phoenix Court Apartments
Valley SWAT helps capture man in Kent with felony warrants

Officers surround Phoenix Court Apartments Feb. 28 to take 39-year-old man into custody

Toni Troutner
Toni Troutner to run for third Kent City Council term

Voters first elected her in 2017 to seven-member council; reelected her in 2021

t
Large Kent apartment complex coming to West Hill near light rail

Developer plans 564 units behind Lowe’s; receives 8-year property tax exemption from city

Kent Mayor Dana Ralph during her 2024 State of the City address. FILE PHOTO, City of Kent
Kent Mayor Ralph sets State of the City address for March 20

Speech will begin at 7 p.m. at Kent-Meridian High School

t
City of Kent corrections officer retires after 36 years

Jill Kinsella started in 1989 at the city jail, just three years after it opened

t
Kent Police arrest 14-year-old boy for eluding, stealing a vehicle

Teen, two 16-year-old male passengers all ran from officers after vehicle hit curb but were caught

Alyaa Shamkhi volunteers at multiple organizations in Kent where she lives, including the New Americans Alliance for Policy and Research and Mujer al Volante in Federal Way. She attended the event at the Capitol with her daughter Feb. 27 in Olympia. Photo by Keelin Everly-Lang / the Mirror
Local refugees rally for more support in Olympia

The demonstration was organized by the New Americans Alliance for Policy and Research (NAAPR).

Kentwood High School in Covington. COURTESY PHOTO, Kent School District
Kentwood student reportedly caught with a firearm on campus

School went into lockdown Feb. 28 for at least fourth time in past year due to gun incidents