PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

Download our free BWater Works Coating Systems eResource Book

Paint and Coatings Industry News

Main News Page


Office Worker Charged with Pilfering $1.3 Million from Painting Contractor

Monday, July 25, 2011

More items for Program/Project Management

Comment | More

A former secretary for a Murray, Utah, painting contractor has been indicted in federal court for allegedly stealing more than $1 million in customer payments, according to news reports.

Pamela Jane Madsen is charged with funneling more than a $1 million in customer payments from Professional Painting Inc. based in Murray, Utah, into a personal account. The indictment includes five counts of mail fraud and four counts of money laundering.

Madsen’s duties for Professional Painting Inc. included payroll, data entry and preparing checks for deposit. Prosecutors say Madsen created an account at U.S. Bank in November 2007 under a slight variation of her employer’s name, the Deseret News, a Salt Lake City newspaper, reported. For the next three years, she deposited customers’ checks totaling at least $1.3 million into the account for her personal use, according to the indictment.

Madsen credited customers’ accounts on the company’s books to make it look like they had paid their bills, according to the indictment. Some of the checks came from two of the state’s largest general contractors, Jacobsen Construction and Big-D Construction, the Deseret News reported.

The indictment seeks to seize from Madsen two pickup trucks, a BMW sedan, two snowmobiles, and homes in Bluffdale and Taylorsville, Utah, the newspaper story said.

Phone calls to the company were not returned. Information about the company from directory listings state that its services include “commercial” and “wallcovering,” that its annual revenue is estimated at $2.5 million to $5 million, and that its employee total is 20 to 49. No website for the company could be located.

   

Tagged categories: Commercial contractors; Contractors; Criminal acts

Comment Join the Conversation:

Sign in to our community to add your comments.

SAFE Systems, Inc.
Portable Blast &
Recovery Equipment

Trailer or skid mounted blast and recovery equipment. Systems designed for maximum versatility, environmental compliance
and overall cost savings.
Call 1-800-634-7278


Sidewinder/Persyst Enterprises, Inc.
The Sidewinder Model M2 Solvent Recycler

Combat the rising cost of gunwash, thinners, acetone & more while drastically reducing waste disposal coat.


Clemco Industries Corp.
Powerful Protection in a Small Package

Mounts inside blast helmet, alerts operator to dangerous breathing-air condition by audible, visual, and vibratory alarms. Easily calibrated, battery operated.


SSPC: The Society for Protective Coatings
http://www.sspc.org/

Join SSPC and Enhance
Your Career !


Atlantic Design, Inc.
MORE THAN JUST A SALES PITCH!

Simplicity! Dependability! Safety! We’ve built these features into every cleverly engineered inch of our newest models. It’s all there. 866.Call.ADI


HoldTight Solutions Inc.
NO FLASH RUST -
NO CONTAMINANTS

Our HoldTight®102 salt remover & flash rush inhibitor prevents flash rust by removing surface contaminants.
Contact us for your nearest distributor. (800) 319.8802 sales@holdtight.com


US Minerals
US Minerals -
Black Magnum

With nationwide production and distribution capabilities, U.S. Minerals supplies a complete range of coal slag and other abrasives to meet all of your blasting needs.


Mitsubishi Gas Chemical America
Performance Amine 1,3-BAC

A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.


Atlas Material Testing Technology

Helping You Put Your Products To The Test

• Outdoor Accelerated
Weathering
• Laboratory Testing
Services
• Accelerated Weathering
Instruments

www.atlas-mts.com atlas.info@ametek.com

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com