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Sault bookkeeper charged with stealing $559K from employer

Sault Ste. Marie Police Service cruiser. (File) Sault Ste. Marie Police Service cruiser. (File)
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A 50-year-old who managed the finances for a business in Sault Ste. Marie has been charged with embezzling $559,701.63 from the business in just more than four years.

The suspected turned themselves in Dec. 10, Sault police said in a news release Monday. The fraud investigation began Aug. 27.

"The investigation revealed between June 2020 and August 2024, the accused, who was responsible for managing finances for a local business at which they were employed, had stolen approximately from the business’s accounts," police said.

"They had done so by transferring funds from the business’s accounts to their personal account."

The accused arrived at police headquarters at 9 a.m. and charged with fraud over $5,000. They were released on an undertaking and will appear in court Feb. 10.

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