Ex-Vestas Finance Director Pleads Guilty To Theft

GREELEY, Colo. (AP) – The former finance director of the Vestas wind turbine blade manufacturing plant in Windsor has pleaded guilty to embezzling at least $1.4 million from the company.

Denna Randall-Martinez’s plea Tuesday was part of a deal with prosecutors. The Greeley Tribune reports that the plea deal calls for Martinez to repay Vestas $1.4 million. Martinez faces up to 12 years in prison but she is also eligible for probation.

Vestas filed a lawsuit against Martinez earlier this year alleging that she stole from the company from August 2007 until she was fired in December 2010.

The company said in the lawsuit that Martinez used a company credit card to buy items for herself, including plane tickets and hotel rooms.

(Copyright 2011 by The Associated Press.  All Rights Reserved.)

Comments

One Comment

  1. denvervet says:

    How does one steal that much without getting caught, the company has inadequate controls for sure. This is no fiddy cent theft! Do they have an auditor or auditors on staff? They need to have their finance controls looked into now.

  2. B. Dover says:

    If she’s married, don’t tell me her husband wasn’t having a nice ride on the take.. Give her the 12 years. Anything less would be a joke.

  3. No Lies says:

    Looks like she spent some of that money on a face-lift as well!

  4. john says:

    Companies stupid enough to let one employee run off with that kind of money are obviously not well run.
    I know of a government just like that

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