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Falmouth woman receives two-year sentence for embezzling over $1.3 million

LEGAL NEWSLINE

Thursday, January 30, 2025

Falmouth woman receives two-year sentence for embezzling over $1.3 million

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Joshua S. Levy, U.S. Attorney | U.S. Attorney for the District of Massachusetts

A former bookkeeper from Falmouth has been sentenced to two years in prison for embezzling over $1.3 million from her employer, a flooring company. Susan Figuerido, 73, received her sentence from U.S. District Court Judge Leo T. Sorokin in Boston federal court. Following her prison term, she will undergo two years of supervised release and must pay $1,714,921.01 in restitution.

Figuerido pleaded guilty to wire fraud and filing a false tax return in October 2025. Her fraudulent activities took place between June 2015 and February 2023 when she wrote checks to herself using the company's bank account without recording them in the accounting system.

Her actions also led to a tax loss of approximately $353,000 as she failed to report the embezzled funds on her federal income tax filings.

The announcement was made by U.S. Attorney Joshua S. Levy; Jodi Cohen, Special Agent in Charge of the Federal Bureau of Investigation's Boston Division; and Thomas Demeo, Acting Special Agent in Charge of the Internal Revenue Service’s Criminal Investigations in Boston. The Falmouth Police Department contributed significantly to the investigation, which was prosecuted by Assistant U.S. Attorney Kristen A. Kearney of the Securities, Financial & Cyber Fraud Unit.

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