Bluefield Daily Telegraph, Bluefield, WV

Sister Newspapers' News

November 8, 2012

Police: Woman gambles away $1 million in company funds

HERMITAGE, Pa. — A former employee of a Pennsylvania industrial firm has admitted “gambling away” more than $1 million of the company’s money.

Jeanne M. Zacherl, 64, said she lost the money playing $10 slots at Mountaineer Casino, Race Track and Resort, Chester, W.Va., police said.

The total amount she is accused of stealing is $1,126,763, police said.

Zacherl was the accounts payable manager with 22 years of service to the company. She created fictitious vendor accounts and transferred money into them 44 times from 2008 until Sept. 19, 2012, police said. She would then transfer the money into her personal account, police said.

In an interview with police Oct. 10, Zacherl admitted stealing more than $1 million over seven years, police said. Her husband drove a truck for the company for 27 years, but did not know of or participate in her illegal activities, police said.

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Details for this story were provided by The Sharon (Pa.) Herald.

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