Marcie Jean Doty, a former operations manager from Evansville, has been sentenced to five years in federal prison for wire fraud and tax-related offenses. Following her prison term, she will undergo three years of supervised release. Doty has also been ordered to pay restitution amounting to $2,517,343.05.
Court documents reveal that Doty executed a wire fraud scheme between May 2017 and June 2022 while employed at a property management business in Evansville, Indiana. During this period, she misappropriated approximately $1,803,466.38 through unauthorized checks and Automated Clearing House (ACH) transfers.
Doty's fraudulent activities included 99 unauthorized ACH transfers totaling $503,151.59 and 279 unauthorized checks amounting to $1,300,314.79. These funds were transferred from the company's bank accounts into her personal accounts.
To conceal these transactions, Doty falsified entries in the business's accounting software to make it appear as if the funds were being moved for legitimate purposes within the company.
In January 2017, Doty agreed to purchase a 25% equity share in her employer’s business using some of the stolen money for payments towards this purchase.
Furthermore, for tax years 2018 through 2020, Doty failed to report approximately $786,280.70 in income derived from her fraudulent activities on her tax returns. She also did not file tax returns for the years 2021 and 2022, failing to report an additional income of approximately $1,006,983.84.
John E. Childress stated: “Through the defendant’s egregious scheme... helping herself to millions and cooking the books to hide the evidence.” He emphasized that financial crimes have serious consequences.
Ike Barnes remarked: “The brazen fraud uncovered in this case is staggering... I applaud the Internal Revenue Service... personnel for their hard work.”
Ramsey E. Covington commented: “Marcie Doty defrauded her employer for five years... IRS-CI and our partners are committed to finding and prosecuting financial crimes.”
The investigation was conducted by several agencies including the U.S. Secret Service and IRS-Criminal Investigation with assistance from the Evansville Police Department. The sentence was handed down by U.S. District Judge Richard L. Young.
Acting U.S Attorney Childress expressed gratitude towards Assistant U.S Attorney Matthew B Miller who prosecuted this case.