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Woman Embezzles $10M for Shoe Habit: Police

By Neal Colgrass,  Newser Staff

Posted Mar 7, 2009 7:29 PM CST
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(Newser) – A former California bookkeeper has been charged with embezzling nearly $10 million to bankroll her lavish shoe collection and gambling habit, the San Diego Union-Tribune writes. Annette Yeomans, 51, stole about $100,000 a month from a woodworks company in San Marcos, Calif., sheriff's investigators say. Among her alleged indulgences were 400 pairs of shoes worth about $240,000.

Her $25,000-a-week habit, which raised red flags at American Express, also helped her afford a $25,000 remodeled closet to house her shoes and $320,000 purse collection. The dressing room, lit by a crystal chandelier, included a 32-inch plasma TV and granite-topped island. Yeoman is slated to be arraigned Monday.


Quality Woodworks, Inc. has recovered about $2 million allegedly siphoned off by its former bookkeeper, Annette Yeomans, who spent hundreds of thousands of dollars on shoes and other indulgences.
Quality Woodworks, Inc. has recovered about $2 million allegedly siphoned off by its former bookkeeper, Annette Yeomans, who spent hundreds of thousands of dollars on shoes and other indulgences.   (Shutterstock)
Quality Woodworks, Inc. has recovered about $2 million allegedly siphoned off by its former bookkeeper, Annette Yeomans, who spent hundreds of thousands of dollars on shoes and other indulgences.
Quality Woodworks, Inc. has recovered about $2 million allegedly siphoned off by its former bookkeeper, Annette Yeomans, who spent hundreds of thousands of dollars on shoes and other indulgences.   (Shutterstock)
A pair of shoes is seen during Spanish fashion designer Josep Font's Fall-Winter 2008/2009 Haute Couture fashion collection presented in Paris, Thursday, July 3, 2008.
A pair of shoes is seen during Spanish fashion designer Josep Font's Fall-Winter 2008/2009 Haute Couture fashion collection presented in Paris, Thursday, July 3, 2008.   (AP Photo/Thibault Camus)
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COMMENTS
Showing 3 of 3 comments
wwwonderer
Mar 9, 2009 12:29 AM CDT
It's the epitome of American consumerism: $25,000 per week. This is what gets me, while we're focussing on Madoff and Citi, what about this spirit of consumption at ANY cost that has instilled many with the sense of I'm gonna get mine ANYWAY I can. Now. If she worked hard --hell if she won the lottery-- and had $10Mill of HER OWN money to jerk off on shoes and purses, then that's fine. But she steals others for it. Wonder if Sex in the City and their shoe porn had ANYTHING to do with this. What time does Lifestyles of the Rich and Famous come one? That show seemed to do so much good for our society.
riffran
Mar 8, 2009 4:36 AM CDT
hmmmmmf I thought Imelda Marcos was still in the Philippines...lol
Guest
Mar 8, 2009 3:31 AM CDT
out of all the things she could of bought this dumb broad bought shoes and purses, what an idiot.

 
California • crime • credit card • embezzlement

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