Prominent Texas Family Has $29 Million Embezzled by Bookkeeper.

Barbara Chalmers, 74, pleaded guilty Thursday to using her position with a charitable foundation and multiple companies run by the family of Jim Collins, a businessman and Republican congressman who died in 1989, to fraudulently write herself at least 175 personal checks. (Bloomberg) -- A Texas woman admitted embezzling more than $29 million over the past decade from the prominent Dallas family that employed her as a bookkeeper, according to the Department of Justice. As much as $25 million of the stolen funds went to Chalmers's construction company, identified in court records as W.O.E. Construction, Inc. "Massive Fraud" Chalmers was charged with money-laundering on Dec. 14 and pleaded guilty on Thursday. [Extracted from the article]

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