Lori Edmonds, the head bookkeeper at the Hollis Cotton Oil Mill, along with her husband Mike Edmonds, a truck driver for the company until April of last year, are said to have embezzled almost $120,000 from the mill. Arrest warrants have been issued for the Gould couple.
According to the affidavit filed in Harmon County District Court Friday, the woman admitted to paying about $40,500 in personal credit card bills using wire transfers from the cotton mill’s bank account, as well as to altering her husband’s payroll forms so that he received nearly $60,000 in excessive wages for 2006, 2007 and 2008.
She also admitted to OSBI agents that her husband had used a company-issued credit card to get $18,600 in unauthorized purchases including fuel for his personal vehicle, truck repairs, a hotel room, food and cash.
If convicted, the two face up to 10 years in prison and fines of $10,000 plus restitution.