A Prince George's County bridal shop owner has pleaded guilty to stealing $5 million from a non-profit organization. News 4's Mark Segraves has the story.
A Maryland woman could spend up to 20 years in prison after admitting to embezzling more than $5.1 million from a local non-profit organization over the past 8 years.
Ephonia Green, 44, admitted Monday she embezzled millions of dollars from the Association of American Medical Colleges (AAMC) while working as an administrative assistant.
"Words cannot adequately express the sense of betrayal we have felt since we learned of Ms. Green's long-concealed scheme," AAMC President Dr. Darrell G. Kirch said. "As an organization guided by honesty and integrity, we are truly stunned."
Green has agreed to sell her $1 million Prince George's County home, her 401K, her cars and her Upper Marlboro bridal shop, Couture Miss Bridal and Formal.
Green opened bank accounts in names that closely resembled legitimate vendors, but the alleged plot was discovered when a bank withheld payment on a $113,000 check and notified the association, according to court documents.
Records show $1.4 million was paid through checks to her bridal shop, famous for giving away wedding gowns to military brides.
Tears streamed down Green's face as she went before a judge Monday, and pleaded guilty to two felonies. She has been released until her sentencing in February.
Green could face up to 20 years behind bars, but a plea deal will likely lower that to 4 years.