Former retirement community manager sentenced for embezzling

A woman was sentenced for embezzling funds from her former employer, Bluebird Estates, a retirement living community near Boston.  

Alice Lacroix, 54, was sentenced to 52 months in prison, three years of supervised release and ordered to pay restitution of $323,000.

Lacroix pleaded guilty to nine counts of wire fraud, nine counts of money laundering and two counts of filing false tax returns in July 2015.

While manager, Lacroix took rent checks paid by tenants as well as other checks and property belonging to her employer, according to the United States Department of Justice. Lacroix set up a bank account in the facility’s name, without authorization, where she deposited $325,000 from 2011 through 2013.

During that time, Lacroix completed financial transactions to disguise the proceeds and sent her employer emails that provided false information about the rent payments she took. Lacroix also submitted false income tax returns for 2011 and 2012.

Topics: Leadership