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Florida woman admits to not paying taxes on stolen millions | Miami Herald

Court records say that gap “consisted of money she embezzled from Rhino's business accounts at (Bank of America), where she used her signatory authority on the accounts and wrote unauthorized company checks payable to “cash'' and “Lauren Ransom,'' and then cashed these checks at BOA or deposited them into a personal checking account she solely controlled at Wachovia Bank.” When the canceled checks came back, she would white out the section with her name and write in a company that looked like a legitimate business expense. Ransom also falsified entries on cash disbursement lists. Ransom used that money to pay basic bills — mortgage, car, credit cards — but also to finance an excessive affinity for the slots. Court documents say she lost $1,410,276.95 between Dec. 1, 2008, and Jan. 31, 2014, at the Seminole Casino. According to the activity on her casino player’s card, Ransom hit the slot machines on 77 percent of the days during that period. In June 2013, the married couple who owned Rhino and employed Ransom as a bookkeeper since 1980 figured out Ransom’s simple scheme and fired her. Over numerous text messages sent from August 2013 through January 2014, Ransom pleaded with the couple to not send her to jail for her embezzlement. They didn’t press charges, but with her illegal revenue stream dried up, Ransom couldn’t stay ahead of her creditors.

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