Crime & Safety
Fremont Woman Sentenced For Stealing $5M From Her Employer
The 30-year-old was sentenced to prison and will also have to surrender the Tesla, Porsche, designer handbags and jewelry she purchased.
FREMONT, CA — A Fremont woman who stole nearly $5 million was sentenced to three years in prison for defrauding her employer, HP, Inc, the U.S. Department of Justice announced last week.
Shelbee Szeto, 30, pleaded guilty in March to using company credit cards meant to pay vendors to instead pay a series of fake Square, Stripe and PayPal accounts under her control.
Szeto, who served as an executive assistant and as the company's planning manager, ultimately stole $4.8 million, according to a news release from U.S. Attorney Stephanie Hinds. She pleaded guilty to wire fraud, money laundering and filing a false tax return.
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She was also ordered to serve three years' probation, during which time Szeto cannot serve in a fiduciary role without prior permission. She surrendered items purchased with the stolen funds that included a Tesla, Porsche, designer handbags and jewelry.
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