Woman Embezzles $10M for Shoe Habit: Police

By Neal Colgrass,  Newser Staff
Posted Mar 7, 2009 7:29 PM CST
Woman Embezzles $10M for Shoe Habit: Police
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 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.

(More embezzlement stories.)

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