PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Chemical & Petrochemical Plant Coating Systems

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.
Custom blast rooms
by SAFE Systems

Don't waste time and money "making do" with a "standard" design. Let us work with you to design and build the
system that best fits
your requirements.
Call 1-800-634-7278


Minerals Research & Recovery

HIGH PERFORMANCE ABRASIVES

(no needles to embed!)
Why recycle waste from other countries? Go FASTER, CLEANER, at 1/3 THE COST with MR&R “All-American” Sharpshot®HP!!

WATCH THE VIDEO


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.


DeHumidification Technologies
HUMIDITY PROBLEMS?

DH Tech has the most innovative and reliable equipment available to
control humidity efficiently
and effectively.
IT'S UNDER CONTROL!


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

Join SSPC and Enhance
Your Career !


BASF
New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films basf.us/industrialcoatings
polyorders@basf.com
800-231-7868


Van Air Systems
Moisture problems in your air lines?

Van Air Systems' Blast Pak is a portable compressed air drying system that reduces downtime in all blasting and coating applications.

 
 
 
Technology Publishing

The Technology Publishing Network

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

 
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 2000-2014, 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