Woman pleads guilty to embezzling from Medford business
A woman who worked as a bookkeeper for a Medford business and had stolen more than $300,000 from her employer pleaded guilty this week to four counts of first degree aggravated theft, identity theft and falsifying records, according to the Jackson County District Attorney’s office.
Traci Lynn Marang, 51, of Allen, Texas, was sentenced to 3½ years in prison and two years of post-prison supervision. She was required to make restitution to former employer Precision Electric Contractors of the full amount of money stolen: $310,157.44.
Marang returned to Oregon for sentencing and was taken into custody when the proceeding in Jackson County Circuit Court was completed.
A Jackson County Grand Jury indicted her in September 2019.
Marang started working as a bookkeeper at Precision Electric in April of 2018 and was found to have been taking money from the business until February of 2019.
“Investigation showed within days of being hired Ms. Marang began stealing from her employer using a multitude of different methods,” according to the D.A.’s office.
Investigators with the Medford Police Department created a timeline of Marang’s thefts during the period of almost a year. The first theft was of about $240. Within less than 90 days she was removing five-digit dollar amounts each month and not depending on one method.
In December of 2018 alone, she stole more than $80,000, investigators determined.
Among the ways in which Marang was able to illegally obtain money:
* Company credit cards;
* Depositing company funds into her personal accounts;
* Providing herself with monthly payroll bonuses;
* Using company money to pay for her own credit cards;
* Taking money from a business account;
* Using company fleet fuel cards for herself.
The D.A.’s office said Marang had previous convictions for similar illegal activities in Washington and California.