Former Employee Charged with $1.5M Theft

EUGENE, OR—An ex-bookkeeper of a now-defunct printing company faces upwards of 100 felony counts for allegedly bilking the firm of more than $1.5 million, an act which may have contributed to its demise.

Victoria Marie Monfore of Springfield, OR, faces 58 felony counts of aggravated first-degree theft, 18 counts of identity theft and 12 first-degree theft charges in connection with an accounting scam that may have spelled the end of IP/Koke Printing, the Eugene (OR) Register-Guard reported. Monfore is accused of embezzling more than $1.5 million between August of 2003 and this past June.

She allegedly forged company checks and made them payable to herself.

Though IP/Koke Printing closed its doors in December of 2008, Monfore—the accounts payable clerk—continued working for CEO Jason Pierce and his Pierce Family of Companies, a publishing firm that produces print and online catalogs for buyers and sellers of heavy equipment, trucks and trailers, the paper reported.

Pierce told the Register-Guard that his company was “destroyed from within” and speculated that, absent the thefts, IP/Koke would still be in business.

Comments
  • http://John John

    The Fox was taking care of the Hen House…Where was the owner?

  • http://Steven Steven

    I’ll bet the Owner wasn’t out Marketing.

  • http://Scott Scott

    This is not surprising to me. I too am an embezzlement victim. It cost me $250,000.00

    I was always at the helm and the thief was a valued “family member.” Someone I truly trusted.

    The lesson I learned? TRUST NOBODY and check, double check, then recheck everything.

    Do not blame the victim, it is the “rapist” that is too blame.

  • http://PromotionalDistributor.com PromotionalDistributor.com

    Only one person worked in the accounting department? Who signed the checks?