Home News Valley woman accused of bilking $500k from employer
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Valley woman accused of bilking $500k from employer

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A federal grand jury has returned an indictment Thursday charging a Valley woman with filing false tax returns and wire fraud.

According to the indictment, from February 2007 through May 2014, 48-year-old Alita Baker Edeker of Valley, Alabama stole over $500,000 of her employer’s funds for her own personal benefit and the benefit of others, by directing customer payments to debit and credit cards she controlled.

The indictment further alleges that Edeker made false statements and representations in the company’s books and records in order to conceal her misappropriation. After misappropriating the funds, the indictment further alleges that Edeker willfully filed false U.S. individual income tax returns for tax years 2011, 2012, and 2013 that did not report the money.

If convicted Edeker faces a statutory maximum sentence of 20 years in prison for each wire fraud count and three years in prison for each count of filing a false tax return. Edeker also faces a period of supervised release, restitution and monetary penalties.