North Andover Woman Pleads Guilty, Sentenced to Jail for Stealing More Than $1.7 Million From Her Employer
Also Ordered to Pay Restitution in Full
SALEM – The former office manager of a Lawrence company has pleaded guilty and been sentenced to jail in connection with stealing more than $1.7 million from her employer for her personal use, Attorney General Maura Healey announced today. She was also ordered to pay full restitution in the amount of $1.7 million.
Dorothy Giard, age 44, of North Andover, pleaded guilty today in Essex Superior Court to charges of Larceny over $250 (3 counts) and False Entries in Corporate Books.
After the plea was entered, Judge David Lowy sentenced Giard to two years in the House of Correction with six months to serve and the balance suspended for a probationary period of 10 years. Judge Lowy also ordered Giard to pay $1.7 million in restitution.
“This defendant abused her position of trust within this company and stole more than $1.7 million,” said AG Healey. “She spent that money on personal luxury items, including international vacations, a timeshare, high-end cars, designer products, and spa services.”
The AG’s Office initiated an investigation in 2012 after the matter was referred by the Tewksbury Police Department.
As general office manager of Diamond Ironworks, a steel fabricator in Lawrence, Giard’s responsibilities included managing the company’s books and paying the bills. Giard stole more than $1.7 million between 2007 and 2012 by using company funds to pay her personal credit card bills and through unauthorized charges to corporate credit cards.
Giard’s personal credit card bills included items such as expensive consumer goods, luxury services, and travel. The investigation revealed that she spent more than $114,000 in air travel to destinations such as Las Vegas, New York and London. She also spent nearly $20,000 toward a Lincoln MKX and a Mercedes. Other expenditures included car rentals, furniture, $20,000 in spa services, and $13,000 in designer retail products, among other personal and household expenses.
In a separate scheme between May 2007 and December 2011, Giard used Diamond Ironworks corporate credit cards for at least $41,000 worth of unauthorized purchases and travel services including airfare, hotels, and rental cars. She also paid off a personal timeshare in Florida with company funds.
The investigation further revealed that she made false entries into the corporate books of Diamond Ironworks in an attempt to disguise her theft.
Giard was indicted on Oct. 2, 2014 by an Essex County Grand Jury and was arraigned on the charges in Essex Superior Court on Nov. 5, 2014. She pleaded guilty today and was sentenced in Essex Superior Court.
The case was prosecuted by Assistant Attorney General Andrew Doherty of AG Healey’s Fraud and Financial Crimes Division, with assistance from Massachusetts State Police assigned to the AG’s Office, Financial Investigator Jaclyn Morrill, Victim Advocate Megan Murphy, and the AG’s Digital Evidence Lab.