BUFFALO, N.Y. — A Lancaster woman pleaded guilty Wednesday to stealing $223,428.04 from her former employee, Acme Bearings Corporation.
Karen Titus, 57, pleaded guilty to two counts of grand larceny in the second degree, class C felonies. The Erie County District Attorney's office says Titus pleaded guilty to the highest sustainable charge.
According to the DA's office, between July 2016 and June 2019, Titus wrote 138 checks out of the company's operating account to pay her credit card bills. The DA's office says this resulted in a misappropriation of more than $165,000.
Titus also diverted more than $58,000 cash payments, which were made to the company, for her personal gain.
The DA's office says the theft was uncovered following an internal audit, and Titus was subsequently fired from bookkeeper position in June 2019.
Titus was released on her own recognizance and is set to return to court for sentencing on January 26, 2021. She faces a maximum sentence of 15 years in prison.
